Powerlink / PADco
skip content up to navigation menus
Project value: £184 million
Balfour Beatty Capital is a 10% shareholder in Powerlink Ltd and a 25% shareholder in Power Asset Development Company Ltd (PADCO).
Powerlink is responsible for the distribution of high-voltage electricity supplies to London Underground’s 270 stations and more than 400km of track.
The project also includes the procurement of new assets which will improve the efficiency of the system, and maintenance and renewal of these assets.
Revenue is derived from a pre-agreed fee subject to any related deductions.
Construction is substantially complete on the new power assets and the operating performance has been satisfactory.
