Interserve poised to wrap up ‘sobering’ EfW jobs

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UK construction boss says it underestimated complexity of sector

31-Gordon-KewC

Gordon Kew

The boss of Interserve’s construction business has said it expects to have wrapped up its work completing its disastrous energy-from-waste (EfW) contracts by the end of this year. 

The firm has racked up losses of £215m on the initiative which began in July 2012 with the firm winning a £146m contract to build a plant in Glasgow which kicked off a slew of jobs across the country.

But Interserve said it was pulling out of the market 18 months ago after running up crippling losses on the Glasgow job.

The managing director of its UK construction business Gordon Kew told Building: “The whole energy-from-waste portfolio we expect to be out of this year.”

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