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News releases

Costain Completes Extension of its Bank Debt and Bonding Facilities

Costain Group PLC (“Costain” or the “Group”) announces that it has successfully concluded its negotiations with its bank and surety facility providers to secure a one year “amend and extend” of its facilities from September 2023 to September 2024.

Boost to the North East economy as multi-million pound A1 upgrade opens to traffic

Costain and design partner Jacobs, on behalf of National Highways, have successfully completed a multi-million-pound upgrade of the A1 that will support the levelling up agenda by unlocking economic growth in the North East.

Mother and daughter drinking orange juice

Costain awarded funding for innovative hydrogen project

Costain is working with Dwr Cymru Welsh Water, Wales and West Utilities and food and drink manufacturer Princes Group on a feasibility study to produce hydrogen from biogas from the Cardiff East Waste Water Treatment Works that willfuel boilersto provide heat for fruit juice pasteurisation.

Hydrogen generator

Hydrologiq and Costain collaborate to trial hydrogen-powered generator on the Preston Western Distributor Road

Lancashire County Council’s delivery partner, Costain, and hydrogen industry start-up, Hydrologiq, have successfully trialled the use of a hydrogen-powered fuel cell generator at the Preston Western Distributor Road project’s M55 compound.

Electric roads

New study shows nationwide Electric Road System likely the lowest-carbon option for UK freight sector

Industry consortium calls for Government to back electrification pilot on M180 to show how system can be rolled out nationally

Traffic moving along A66 road

Costain selected as a Delivery Integration Partner for A66 Northern Trans-Pennine Project

National Highways has selected Costain as a Delivery Integration Partner (DIP), alongside Keltbray, Kier and Balfour Beatty Atkins, for the A66 Northern Trans-Pennine project.

TBM Caroline getting ready to launch - HS2

Celebrations as first giant London tunnelling machines are switched on

HS2 and partners celebrated the start of the next phase of tunnelling on the enormous infrastructure project, launching the first of six tunnel boring machines that will dig over 26 miles of tunnels under the capital.

Moving traffic on A303 road

Costain and Mott MacDonald named A303 Delivery Assurance Partner

National Highways has appointed a Costain and Mott MacDonald joint venture (JV) as Delivery Assurance Partner for the A303 Stonehenge (Amesbury to Berwick Down) Improvements Scheme.

Armed Forces signing covenant 2022

Costain reaffirms commitment to the Armed Forces

At a ceremony at the Ministry of Defence offices in Whitehall, Costain CEO Alex Vaughan re-signed the Armed Forces Covenant and announced our policy to offer job interviews for all serving personnel transitioning to civilian life.

Kate Rock

Appointment of Chair Designate and Non-Executive Director

Costain is pleased to announce that Kate Rock will be appointed to the Board on 1 November 2022 as an independent Non-Executive Director and Chair Designate and will assume the role of Chair from 1 December 2022.