The US engineering, project management and construction company will combine its civil and power businesses to create the Bechtel Infrastructure global business unit (GBU), Bechtel said in a statement.
The new unit will be among the company’s largest and will integrate its services into one “full suite of infrastructure offerings”.
Toby Seay, president of Bechtel’s power business will serve as GBU’s president, while Peter Dawson, president of the group’s civil business, will become Bechtel’s head of corporate services and chief financial officer, a position he held previously. The new unit will be headquartered in London.
“The cities and industrial areas of tomorrow increasingly will be designed and built with roads, airports, ports, rail, water systems, communications, and power integrated into an overall plan,” Bechtel’s chief executive Bill Dudley said. “The infrastructure global business unit will be able to meet that need seamlessly.”
The infrastructure business unit will be split into seven business lines: Civil (Americas; Europe, Middle East and Africa; and Asia-Pacific) and Water; Power, Aviation and Rail.
Part of Bechtel’s broader re-organisation will also include the establishment of the Nuclear, Security and Environmental (NS&E) unit, which will combine the company’s government and commercial nuclear businesses.
The changes will become effective January 1, 2015.
Since its founding in 1898, Bechtel, headquartered in Reston, Virginia, has worked on more than 25,000 projects in 160 countries, including AirportMAX, a 5.5-mile extension of Portland’s extensive light rail network, connecting the city of Portland in Oregon to Portland International Airport (PDX).