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Engie lands £138m housing maintenance deal

Engie Regeneration has won a £138m long-term maintenance deal with one of the North-east’s largest housing associations.

The French firm, which acquired Keepmoat’s regeneration arm earlier this year, will provide maintenance on properties belonging to the County Durham Housing Group for the next 10 years.

The group has a housing stock of more than 18,500 properties across County Durham and Engie’s contract covers the upkeep of these homes until March 2027.

Work will include the replacement of windows and doors, heating system replacements, kitchen bathroom replacements and external structural work.

In March it was revealed that Engie had acquired Keepmoat’s regeneration arm in a deal worth £330m.

As part of the deal, Keepmoat chief executive Dave Sheridan (pictured) was transferred to Engie.

Speaking at the time of the acquisition, Engie UK and Ireland chief executive Wilfrid Petrie said: “With the Keepmoat regeneration business we are extending and deepening our relationships with local authorities right across the country.

“By combining our energy expertise with an expanded services capability, we can make a bigger impact as we help to improve lives of the communities we serve.”

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