Image: www.viridor.co.uk
Interserve owes £69m for a troubled waste-to-energy plant in Glasgow, the parent company of its client Viridor has claimed.
Interserve was the original contractor on the energy recovery facility but was replaced by Doosan Babcock in early 2017 after delays and cost overruns.
Completion was originally scheduled for 2016 but the project is still ongoing and Viridor’s parent firm Pennon Group estimates that cumulative spend on the job is now £238m, as compared to the original target of £155m.
Register for free or sign in to continue reading
This is not a paywall. Registration allows us to enhance your experience across Construction Management and ensure we deliver you quality editorial content.
Registering also means you can manage your own CPDs, comments, newsletter sign-ups and privacy settings.
