BAFBF

The contract covers design and enabling works at the East Yorkshire site, supporting grid upgrades for offshore wind power connections.

The London-based contractor divested from its business to focus on its core U.S. and U.K. markets.

Balfour Beatty (LON:BBY) outlined plans to expand its UK power transmission business, citing a multiyear investment cycle in electricity networks, long-term frameworks with major network owners and continued spending on workforce, manufacturing and specialist…

Why Balfour Beatty sold its Gammon stake Balfour Beatty (LSE:BBY) has agreed to sell its 50% interest in Hong Kong contractor Gammon Construction to Jardine Matheson for £250m in cash, payable in three instalments by the end of 2028.

Balfour Beatty has delivered a powerful share price run over the past several years, and that kind of move always invites a simple question for investors who care about fundamentals.

The deal ends a 22-year joint-ownership arrangement and will place the Hong Kong contractor under Jardine Matheson’s sole control.

Five years after construction broke ground, the JV marked the opening of the Oak Hill Parkway project in Austin.

Emma Loxton, who held previous positions at consulting firm McKinsey and the U.K. government, will help the London-based firm plan for growth.

TAMPA, Fla., August 20, 2026--Sarah Brand named vice president of Buildings operations in Tampa.

U.S. construction, a recent thorn in the side of the London-based builder, returned to profitability in first-half 2026 earnings.

Balfour Beatty PLC (BAFBF) reports a 42% surge in earnings-based profit, driven by robust US and UK performance, and raises its full-year outlook.