ENGIE has said it is going to “review the future direction” of its Scottish construction and regeneration business in the wake of the COVID-19 pandemic.
The announcement follows a period of growth for the energy and services group, which has recently gotten involved in regeneration projects all over Scotland.
In December, ENGIE began a major £2.5m regeneration project in Bellshill, North Lanarkshire, which was conducted in partnership with Clyde Valley Housing Association (CVHA).
Speaking to Scottish Construction Now, Colin Macpherson, divisional CEO at ENGIE, said: “The impact of COVID-19 has been an extensive one for businesses across the country, and as a result, ENGIE has had to undertake a review to consider efficiencies for the future.
“This has led to the decision to review the future direction of our Scottish construction and regeneration business, which sits within the Places & Communities division.
“During this period, we will not be considering any new business opportunities in this market.”
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Macpherson added: “However, we will continue to work closely with our partners to deliver our current schemes to the highest standards.
“This review impacts our construction and regeneration business only.
“ENGIE’s renewable energy assets, energy services, and facilities management operations in Scotland remain unchanged and continue to operate as usual.”