Renew Holdings Share Price (RNWH)

for RNWH's Shepley Engineers:

https://cumbriacrack.com/2022/01/14/west-cumbrian-firms-win-7-million-nuclear-contract/

"Joint venture success for Shepley and React
14/01/2022

Two Cumbrian businesses are celebrating success on a new £7 million waste management framework after forming a joint venture.

Nuclear Waste Solutions – formed by React Engineering and Shepley Engineers Ltd – has won a place on the four-year framework with the Low Level Waste Repository Ltd (LLWR) to provide Expert Support and Alternative Treatment (ESAT) Framework.

LLWR is leading the implementation of the UK strategy for the management of solid low level radioactive waste from the nuclear industry.

Nuclear Waste Solutions will provide LLWR and waste generators throughout the UK, to undertake a full range of projects from small scale consultancy or specialist technical support tasks, through to multi-million pound, full-lifecycle waste management projects involving engineering design and installation activities as well as support to on-site operations.

React and Shepley have a long history and track record of working closely together to successfully deliver lifecycle waste management solutions across the NDA estate.

Since 2006, both organisations have played a key role in the ongoing success of Cumbria Nuclear Solutions Limited (CNSL) at Sellafield and have collaborated successfully on a range of other projects and ventures across the NDA estate.

etc"

£2m of contract wins already this month for Seymour Civil from two local councils:

Https://bidstats.uk/tenders/2022/W02/766640242
Https://bidstats.uk/tenders/2022/W01/766247026

Also this month, VHE have won a share of a £20m framework contract by Your Housing Group:

Https://bidstats.uk/tenders/2022/W02/766640478

And of a £10m framework from the same group:

Https://bidstats.uk/tenders/2022/W02/766640532

Another contract win, this for Seymour Civil as part of a £1.6m Townscape scheme in Seaham, Durham:

Https://www.sunderlandecho.com/business/scheme-to-enhance-access-in-seaham-to-begin-in-new-year-3510706

Happy New Year to all - it's been an excellent 2021 here and prospects for 2022 look extremely rosy too.

News this week on the refurb of the Palace of Westminster, which could now cost £14 billion - of course RNWH are already hugely involved at this location . And in addition RNWH's Seymour Civil in particular should also be benefiting from the annual costs of maintenance and other projects rising fast:

Https://www.thetimes.co.uk/article/westminster-repairs-could-last-20-years-and-cost-14bn-r35pm50h5

Extracts:

"Westminster repairs could last 20 years and cost £14bn

MPs and peers will have to move out of the Palace of Westminster for up to 20 years under a restoration plan that could take the cost of repairs to £14 billion, three times the original estimate.

The plan will be announced in the new year amid fears that the 19th-century building is falling down faster than it can be repaired. The last time MPs left was during the Blitz in 1941."

"The cost of managing the deterioration of the building is rising, and recent maintenance and continuing projects cost £127 million in one year alone. Weekly costs more than doubled between 2015 and 2019 to about £2.5 million."

RNS this morning - the next trading statement is coming soon via the AGM on 26th January:

Https://uk.advfn.com/stock-market/london/renew-RNWH/share-news/Renew-Holdings-PLC-Annual-Report-Accounts-and-No/86860248

Good to see the directors encouraging questions via email beforehand to info@renewholdings.com.