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Revolutionizing Water Infrastructure: Jacobs Solutions Inc. and Mott MacDonald Join Forces for Thames Water’s Billion-Dollar Endeavors

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J Jacobs Solutions

Partnership for Progress

Jacobs Solutions Inc J, in collaboration with Mott MacDonald, has secured the prestigious position of technical partner for Thames Water, overseeing asset investment initiatives totaling $5.9 billion (Ā£4.7 billion).

Thames Water, a cornerstone of the U.K.ā€™s water and waste utility sector, has entrusted this partnership with the technical framework of three major projects aimed at enhancing water security in the southern region of England: the London Water Recycling, South East Strategic Reservoir Option, and Severn to Thames Transfer projects.

Under the umbrella of an eight-year professional services framework, Jacobs and Mott MacDonald will provide a range of technical, engineering, environmental, regulatory, and planning consent services to streamline the projects from development to execution.

According to Jacobs Senior Vice President Kate Kenny, ā€œJacobs and Mott MacDonald bring a wealth of global expertise in managing large-scale water infrastructure projects. Together, with our in-depth knowledge of U.K. planning regulations, we aim to offer innovative solutions to help Thames Water address some of the most pressing water resource challenges in the U.K.ā€

The recent fiscal quarter FY24 results for Jacobs Solutions showcased exceptional performance, surpassing revenue and EPS expectations with a remarkable 9.5% year-over-year revenue growth and an adjusted EPS of $2.02.

Stock Performace: J shares concluded the week with a 1.21% decrease, settling at $146.93 on Friday.

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