Partner Article
Amec Foster Wheeler in £125m nuclear agreement with EDF
Engineering consultancy Amec Foster Wheeler has landed a £125m, five year deal to provide long-term support to EDF Energy Nuclear Generation.
Under the Technical Support Alliance 3 (TSA3) agreement, the global engineering consultancy will continue its operational support for the UK reactor fleet, which began more than 50 years ago.
The agreement, with an option to extend for a further five years, follows Amec Foster Wheeler’s partnership with EDF Energy under two similar frameworks - TSA1 and TSA2.
Amec Foster Wheeler expects the contract to generate annual revenues of between £25m and £30m.
Stuart Crooks, EDF Energy’s Managing Director Generation, said: “Amec Foster Wheeler has worked in partnership with EDF Energy for a number of years and shares our vision for zero harm, exceptional nuclear safety performance, and world record-breaking results.
“The support of all our strategic partners is an important factor as we continue to operate our nuclear stations to the highest standards, providing secure, low-carbon, affordable power for the UK.”
Clive White, President of Amec Foster Wheeler’s Clean Energy business, said: “Amec Foster Wheeler’s deep technical knowledge and strong track record in project delivery are crucial to our continued support for EDF Energy’s UK stations, which are producing more electricity than at any time since 2003.
“Amec Foster Wheeler’s relentless focus on safety and efficiency is designed to maximise the value of our customers’ assets, and we look forward to working in close partnership with EDF Energy to ensure the safe, efficient, return on investment from its UK nuclear stations.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
The real value of AI is the time it gives back
Breaking the magnetic pull of London
AI scepticism is healthy. Inaction isn't.
What does NPPF mean for site price and planning gain?
What new NPPF rules mean for landowners
The hidden cost squeezing Britain's economy
Teesside deserves more than cashback devolution
Construction must be built on commercial discipline
Devolution needs financial firepower to drive growth
The value of creating a stronger careers route
Apprenticeships: Invest in talent or keep chasing it
Are you ready for salary transparency?