Bam Nuttall is in pole position to build a £300m tidal barrage project that is attracting interest from major pension funds, Construction News has learned. Bam is part of a consortium of companies putting together a report for investors to demonstrate the engineering and environmental viability of the Wyre Tidal Barrage in Fleetwood, Lancashire. Other members of the consortium include Mott MacDonald, General Electric, Andritz Hydro and Arcadis. Bob Long, managing director of the project’s developer Natural Energy Wyre, said several major pension funds had been found to invest in the barrage, with one unnamed fund interested in investing more than half of its building costs.
Construction News 8th Aug 2016 read more »