NuGen Properties

Balfour sells infrastructure assets

Balfour Beatty has sold its 49.5% interest in UBB Waste (Gloucester) Holdings Limited, the owner of a waste incinerator at Javelin Park near Gloucester, to Urbaser Investment Limited, its joint venture partner on the waste-to-energy project .

It has also sold its 50% interest in the Moretti multifamily housing community in Birmingham, Alabama, USA to Henssler Capital LLC.

Balfour Beatty said that the proceeds were in excess of the directors’ valuation as of 30th June 2023 and were “consistent with the group’s strategy of optimising value through the disposal of operational assets, whilst continuing to invest in new asset opportunities”.

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Nugen Properties

Customer Reviews

Dan Morten 18/01/22

Easy to work with, Jordan and the team were professional and were easy to communicate with.
Would highly recommend.

Di Hayes 20/08/22

NuGen Properties built an extension to the rear of my property, replacing the old conservatory. I am so pleased I chose this company. From the initial quotation, through the build and after they were professional, polite & well mannered. They kept the site tidy throughout the build and kept me informed of each stage as it happened. The work was finished to a good standard and I have had nothing but compliments on their work. I am already planning for them to come back and do some more work for me in a few months. I would 100% recommend them.

Bradley Eyles 20/06/23

Nugen were fantastic throughout the works they carried out on my property, Jordan provided constant updates and ensure any questions I had were always answered. All works were completed in a timely fashion, on budget and exceptional customer service. Highly recommend!

Sonny Carter-heyward 29/02/22

Brilliant service, renovated my house to make a dream a reality. Thanks guys

sitemanager 22/01/23

Great firm to communicate with fast and good quality work.