Breaking: Former Balfour Beatty chief executive Andrew McNaughton has joined Tidal Lagoon Power as director of engineering and construction.
Mr McNaughton left Balfour Beatty in May 2014 after profit warnings at the UK’s largest contractor, having become CEO following Ian Tyler’s departure.
He will now oversee the technical development of the Swansea Bay Tidal Lagoon, the world’s first tidal lagoon power plant.
Construction News reported yeterday that Tidal Lagoon preconstruction director Steve Hollinghead had joined Murphy as group CEO.
As both a project manager and an executive officer, Mr McNaughton has led major infrastructure projects including Terminals 2 and 5 at Heathrow, the widening of the M25 and the Channel Tunnel Rail Link.
In almost two decades at Balfour Beatty he held roles including chief operating officer and latterly chief executive officer.
Mr McNaughton said: “Every so often, the UK infrastructure industry witnesses a major project with the ability to redefine the sector worldwide.
“The Swansea Bay Tidal Lagoon is one such project, with a team and tier one supply chain that combines the best of British infrastructure with international expertise of the highest calibre.
“I am thrilled to return to the industry’s frontline to oversee its delivery.”
Tidal Lagoon Power chief executive Mark Shorrock: “Andrew has been one of the leading lights in UK infrastructure for many years.
“We both share a view that the UK has a critical need for a new generation of power assets.
“Our vision is to build a scalable blueprint for a new form of power asset – Swansea Bay Tidal Lagoon – and then deliver a series of tidal lagoons at a levelised cost of energy that is the same as nuclear power and combined cycle gas turbines.”