Skanska has won the £750M deal to rework London’s iconic Battersea Power Station.
The Battersea Power Station Development Company (BPSDC) named the Swedish contractor as preferred bidder for the contract to turn the disused plant into a mixed-use scheme including offices, homes and shops.
Enabling works are expected to begin next spring, with completion of the power station project by 2019.
The power station works represent the second phase of the massive Nine Elms development, which will feature 18,000 homes and business space to support 25,000 jobs. It will be served by an extension of the Northern Line
BPSDC chief operating officer Philip Gullett said: “Skanska’s appointment to restore and refurbish the power station is further demonstration of our shareholders’ commitment to the development and a major step towards opening up Battersea Power Station to the public.
“Skanska is a leading contractor, with the experience and expertise to undertake the work required on this Grade II* listed iconic building.”