AECOM renews place on Wessex Water’s Capital Delivery Framework
20 Septembre 2024 - 12:55PM
Business Wire
The Company will provide multidisciplinary design services
for the water utility’s water and wastewater infrastructure
AECOM (NYSE: ACM), the world’s trusted infrastructure consulting
firm, today announced it has been awarded first place on the design
consultant lot of Wessex Water’s new Capital Delivery Framework.
The appointment will support Wessex Water in delivering its planned
£3.7 billion investment between 2025-2030 in a wide range of
improvements for its 2.9 million customers across the South West of
England, including improved wastewater treatment, enhancing the
environment and ensuring the availability of water.
“We’re delighted to continue our long-standing partnership with
Wessex Water, supporting significant investments in sustainable
waterways and reliable water service for millions of customers
across the UK,” said Colin Wood, chief executive of AECOM’s Europe
and India region. “We’re already putting our technical capability
and innovation to work with Wessex Water, and our teams are
delivering transformative projects that will ensure the resilience
of existing infrastructure.”
AECOM’s re-appointment to Lot 2 – Design Consultants is for an
initial six years with the option to extend for a further five
years. Through the design framework, AECOM will provide
multidisciplinary design services from optioneering to detailed
design and construction support across Wessex Water's water and
wastewater asset base throughout the next regulatory period, AMP8
(Asset Management Period).
“As UK utilities accelerate their AMP8 investments, we’re proud
to take the leading role in Wessex Water’s next round of capital
improvements, which will deliver a new generation of sustainable
water projects,” said Beverley Stinson, chief executive of AECOM’s
global Water business. “Our team’s success on major modernization
programs has established us as the industry’s leading water firm
across the globe, and that expertise will prepare us to meet our
target of doubling our water business organically over the next
five years.
AECOM will be working collaboratively with other framework
suppliers to support Wessex Water in delivering its '8 Outcomes',
including net zero carbon, biodiversity improvements, safe and
reliable water, great river and coastal quality, and an effective
sewerage system.
About AECOM
AECOM (NYSE: ACM) is the world’s trusted infrastructure
consulting firm, delivering professional services throughout the
project lifecycle – from advisory, planning, design and engineering
to program and construction management. On projects spanning
transportation, buildings, water, new energy, and the environment,
our public- and private-sector clients trust us to solve their most
complex challenges. Our teams are driven by a common purpose to
deliver a better world through our unrivaled technical and digital
expertise, a culture of equity, diversity and inclusion, and a
commitment to environmental, social and governance priorities.
AECOM is a Fortune 500 firm and its Professional Services business
had revenue of $14.4 billion in fiscal year 2023. See how we are
delivering sustainable legacies for generations to come at
aecom.com and @AECOM.
Forward-Looking Statements
All statements in this communication other than statements of
historical fact are “forward-looking statements” for purposes of
federal and state securities laws, including any statements of the
plans, strategies and objectives for future operations,
profitability, strategic value creation, capital allocation
strategy including stock repurchases, risk profile and investment
strategies, and any statements regarding future economic conditions
or performance, and the expected financial and operational results
of AECOM. Although we believe that the expectations reflected in
our forward-looking statements are reasonable, actual results could
differ materially from those projected or assumed in any of our
forward-looking statements. Important factors that could cause our
actual results, performance and achievements, or industry results
to differ materially from estimates or projections contained in our
forward-looking statements include, but are not limited to, the
following: our business is cyclical and vulnerable to economic
downturns and client spending reductions; potential government
shutdowns or other funding circumstances that may cause
governmental agencies to modify, curtail or terminate our
contracts; losses under fixed-price contracts; limited control over
operations that run through our joint venture entities; liability
for misconduct by our employees or consultants; failure to comply
with laws or regulations applicable to our business; maintaining
adequate surety and financial capacity; potential high leverage and
inability to service our debt and guarantees; ability to continue
payment of dividends; exposure to political and economic risks in
different countries, including tariffs, geopolitical events, and
conflicts; currency exchange rate and interest fluctuations;
retaining and recruiting key technical and management personnel;
legal claims; inadequate insurance coverage; environmental law
compliance and adequate nuclear indemnification; unexpected
adjustments and cancellations related to our backlog; partners and
third parties who may fail to satisfy their legal obligations;
managing pension costs; AECOM Capital real estate development
projects; cybersecurity issues, IT outages and data privacy; risks
associated with the benefits and costs of the sale of our
Management Services and self-perform at-risk civil infrastructure,
power construction and oil and gas businesses, including the risk
that any purchase adjustments from those transactions could be
unfavorable and result in any future proceeds owed to us as part of
the transactions could be lower than we expect; as well as other
additional risks and factors that could cause actual results to
differ materially from our forward-looking statements set forth in
our reports filed with the Securities and Exchange Commission. Any
forward-looking statements are made as of the date hereof. We do
not intend, and undertake no obligation, to update any
forward-looking statement.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240920585322/en/
Media: Brendan Ranson-Walsh Senior Vice President, Global
Communications 1.213.996.2367 Brendan.Ranson-Walsh@aecom.com
Investor: Will Gabrielski Senior Vice President, Finance,
Treasurer 1.213.593.8208 William.Gabrielski@aecom.com
AECOM (NYSE:ACM)
Graphique Historique de l'Action
De Déc 2024 à Jan 2025
AECOM (NYSE:ACM)
Graphique Historique de l'Action
De Jan 2024 à Jan 2025