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Costain Advances in £4bn Carbon Capture Project
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Costain Advances in £4bn Carbon Capture Project

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Costain ( (GB:COST) ) has shared an announcement.

Costain Group PLC has confirmed its progression to the execution phase for the Teesside CO2 gathering system as part of a £4 billion investment program in collaboration with Net Zero Teesside Power and the Northern Endurance Partnership. This initiative marks a significant step in the UK’s energy transition towards net zero, with Costain playing a crucial role in engineering, procurement, and construction management. The project highlights the company’s strategic focus on delivering critical national infrastructure and expanding its consultancy business.

More about Costain

Costain is a company that focuses on creating connected and sustainable infrastructure, aiming to transform the performance of the UK’s infrastructure ecosystem across transport, energy, water, and defense markets. They integrate construction, consulting, and digital expertise to deliver efficient and practical solutions.

YTD Price Performance: 69.68%

Average Trading Volume: 2,534,835

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £284.9M

Find detailed analytics on COST stock on TipRanks’ Stock Analysis page.

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