Agency / Source: HOCHTIEF AG

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HOCHTIEF Participates in Major London Power Grid Upgrade - HOCHTIEF has been awarded a contract as part of National Grid's North West London Upgrade program to help modernize and expand the electricity transmission network across Greater London - HOCHTIEF.com
HOCHTIEF Participates in Major London Power Grid Upgrade

 

PRZOOM - /newswire/ - Essen, North Rhine-Westphalia, Germany, 2026/08/24 - HOCHTIEF has been awarded a contract as part of National Grid's North West London Upgrade program to help modernize and expand the electricity transmission network across Greater London - HOCHTIEF.com. ASX: CIM

   
 
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• Contract from National Grid reinforces HOCHTIEF's strategic focus on energy and critical infrastructure;
• Expanded transmission capacity will support economic growth, digitalisation and new data centers.

The project will be delivered by the Hochtief-Murphy Joint Venture (HMJV) in collaboration with project partners.

"This project will help create the electricity capacity needed to support economic growth across northwest London. By expanding and modernising the network, we are enabling the connection of new data centres while ensuring reliable power for households, businesses and the digital economy," said HOCHTIEF Infrastructure CEO Peter Hingott.

The project includes the installation of 60 kilometres of new cable infrastructure, upgrades and expansions to substations, replacement of overhead lines, and extensive works on one of the UK's longest high-voltage cable tunnels.

The project builds on HOCHTIEF's involvement in National Grid's London Power Tunnels 2 programme and further strengthens the Group's position in the growing energy transmission and sustainable infrastructure sectors.

About HOCHTIEF

HOCHTIEF (hochtief.com) is an engineering-led global infrastructure solutions provider with leading positions in North America, Australia and Europe and a strong presence in the rapidly expanding strategic growth markets of data centers, energy and sustainable infrastructure markets. With around 62,000 employees and a sales volume of EUR 38.2 billion in 2025, HOCHTIEF is the leading construction management and green building company in the U.S. (through Turner), the largest contractor in the Australian infrastructure services market (CIMIC), a key player in U.S. transportation infrastructure (FlatironDragados) and a renowned civil engineering and building construction company in Europe. The Group’s PPP and infrastructure development activity is complemented by its 20% stake in the leading international toll road concessions operator Abertis. HOCHTIEF’s strong competitive position is underpinned by the Group’s engineering know-how, innovative digital systems and supply chain & logistics solutions. Thanks to its long-standing commitment to sustainability, HOCHTIEF, where green projects account for almost 50% of Group sales, has been listed in the Dow Jones Sustainability Indices since 2006 and is committed to delivering on its ESG agenda including a net-zero target for 2045.

 
 
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Agency / Source: HOCHTIEF AG

 
 

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HOCHTIEF Participates in Major London Power Grid Upgrade

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London Power Grid | HOCHTIEF
Contact: Fiona Tyndall - HOCHTIEF.com 
+61(4)2937 0414 presse[.]hochtief.de
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any HOCHTIEF AG securities in any jurisdiction including any other companies listed or named in this release.

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