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AtkinsRealis Joint Venture with Stantec to Provide Water Services in U.K.
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AtkinsRealis Joint Venture with Stantec to Provide Water Services in U.K.
May 3, 2024 6:00 AM

08:31 AM EDT, 05/03/2024 (MT Newswires) -- AtkinsRealis (ATRL.TO) said Friday that its joint venture with Stantec ( STN ) has been appointed by Thames Water, U.K.'s largest water company, to serve customers in southeast England.

The agreement is part of a technical partner framework where Thames Water will get access to professional support services worth up to 300 million pounds across three separate joint venture consortia as it works to advance a number of strategic projects.

The AtkinsRealis-Stantec joint venture will provide services including new pipelines to transfer supplies, a wastewater re-use scheme in London, and the development of a new reservoir at Abingdon, Oxfordshire.

"The plan from Thames Water amounts to the largest strategic water resources program in the U.K., and will secure the water supplies for millions of customers and stakeholders in the south and southeast of England for generations to come," said Ian Edwards, AtkinsRealis' president and CEO.

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