Water Works: Jacobs And Mott MacDonald Team Up For Thames Water's Multi-Billion Pound Projects

Jacobs Solutions Inc J, along with Mott MacDonald, has been selected by Thames Water as the technical partner to support the delivery of its future asset investment programs worth $5.9 billion (£4.7 billion).

Thames Water is one of the top water and waste utility companies in the U.K. The SRO technical framework supports three major water infrastructure projects critical to delivering water security for the south of England: the London Water Recycling, South East Strategic Reservoir Option and Severn to Thames Transfer projects. 

As per this eight-year professional services framework deal, Jacobs and Mott MacDonald will deliver several technical, engineering, environmental, regulatory and planning consent services to take the schemes through the development phase and into delivery.

Jacobs Senior Vice President Kate Kenny said, “Jacobs and Mott MacDonald combine tremendous global capabilities from major complex water infrastructure programs, and together with our U.K. planning experience will provide innovative support. As the need for long-term, integrated water management solutions intensifies, we’ll work collaboratively with Thames Water to solve some of the U.K.’s greatest water resources challenges.”

Last month, Jacobs Solutions reported first quarter FY24 results, with revenue and EPS exceeding estimates, with a 9.5% YoY revenue growth and adjusted EPS of $2.02.

Price Action: J shares closed lower by 1.21% at $146.93 on Friday.