Balfour Beatty upbeat

17 August 2022

Balfour Beatty has highlighted how important investment in sustainable infrastructure developments will be as a business driver.

Speaking as the construction group delivered strong half-year results, chief executive Leo Quinn said: “Balfour Beatty is particularly well-placed to benefit from the growing focus on infrastructure which can mitigate climate change. Net zero targets dictate a redesign of energy infrastructure from renewable electricity generation and storage, smart grids and carbon capture to hydrogen and nuclear.”

He continued: “Despite the current global economic uncertainty, Balfour Beatty’s chosen markets all have a favourable outlook. As a key lever of economic growth, the construction and infrastructure sectors remain central to government planning in the Group’s core markets. 

“At the same time, new infrastructure – HS2, low carbon wind power, energy efficient buildings, carbon capture, new nuclear, highways, airports, and rail electrification – will all play a leading role in stimulating investment growth from which Balfour Beatty is well placed to benefit.” 

And that, in turn, will provide equipment supply opportunities for hirers and manufacturers. 

Photo: Balfour Beatty’s Greater Gabbard wind farm project off the Suffolk coast.