Business News

Worldsensing has acquired Sensemetrics’ Thread connectivity device business from Bentley Systems.

A £100M investment by SSE Renewables brings the Coire Glas project in the Scottish Highlands – the UK’s first large scale pumped storage scheme in more than 40 years - closer towards construction.

Network Rail will be holding an event for parties interested in participating in an upcoming procurement exercise to create capital works frameworks for the North West and Central region.

Portsmouth Water has secured the full £325M investment needed to construct the Havant Thicket Reservoir in Hampshire.

UK minerals development company Anglesey Mining, which aims to restart operations at the Grängesberg iron ore mine in Sweden, will also investigate plans to transform it into an energy storage project after mining ceases.

Systra Australia and New Zealand (ANZ) has acquired Australia-based infrastructure advisory firm Bamser to bolster its expertise in bridges and tunnels.

Geotechnical specialist contractor Keller Group has reported a record revenue of £2.9bn, up 32% on the year before, despite the impacts of reporting fraud at an Australian subsidiary and inflation.

Midlands ground investigation specialist Geotechnics has secured European funding to upgrade its data collection capabilities.

Geo-data giant Fugro made profit of more than €100M (£88.2M) last year, it has revealed.

Foundations specialist Abbey Pynford has filed a notice of its intention to appoint administrators.