The United Infrastructure Group are pleased to announce the financial results for United Infrastructure Group for the year ended 31 March 2026. The United Infrastructure Group operates in the support services sector, providing essential services to the owners and operators of UK critical utility and social infrastructure assets. The audited consolidated financial statements reflect the performance of the Group for the period to 31 March 2026, with comparative information presented for the year ended 31 March 2025. Financial Highlights Operational Highlights The Group was selected by Liverpool Bay CCS Limited (LBCCS), part of global energy‑tech company Eni, as a key delivery partner for the onshore pipeline element of the UK’s first large‑scale carbon capture and storage programme, with a value of £250m. The Group’s largest project to date is underway in the Scottish Highlands in partnership with SSEN, supporting major upgrades to grid capability with combined value of £236m+ and a particularly strong order book in the Scotland region. The Water business continued to grow, with a client portfolio now including Yorkshire Water, Northumbrian Water Group, Affinity Water, Thames Water, Southern Water, United Utilities, among others with combined contract values of £171m+. The Connected business (Telecoms) secured a nationwide maintenance contract with Cornerstone, across 16,000 sites nationwide, including Northern Ireland, Scottish Highlands and Islands alongside projects with Telefonica, Cellnex and Virgin Media with combined contract value of £391m+. The Social Infrastructure division of the business secured a multi-year Major Works contract, worth £364m, with The Guinness Partnership to renew and maintain 20,000 homes across the Northwest. This part of the business saw a secured order book of £800m+ with additional substantial wins with Haringey and Havering councils. The business continues to maintain long-standing relationships with public sector clients across London, Midlands and the North, with especially large programmes of work in Wolverhampton through a major regeneration scheme. Acquisitions New Homes (MBO) In March 2026, the management buy-out (MBO) of the Group’s New Homes business was completed. This followed the announcement, made early in the financial year, that the Group was winding down the New Homes business and would no longer be taking on new work in this space. The decision was part of the Group’s strategic shift towards the rapidly growing opportunities in decarbonisation, energy transition, digitalisation, and the wider UK utility and social infrastructure sectors. Neil Armstrong, CEO at United Infrastructure comments: “We’re thrilled to report a record year of performance for United Infrastructure, with a robust cash position and a growing secured order book that reflects the confidence our clients place in us. “The long-term drivers across our markets – decarbonisation, resilience, digital connectivity and modernisation of essential infrastructure, continue to accelerate, creating sustained demand for the services we are built to deliver. “Our recent strategic acquisitions have further strengthened our capabilities across power, water, engineering and emerging sectors such as data centres, enhancing the value we bring to clients navigating the UK’s energy transition.” Building, Design & Construction Magazine | The Choice of Industry Professionals

Jonathan Samuels, CEO of specialist lender, Octane Capital, believes that continued economic uncertainty has further weakened confidence across the UK development sector during the second quarter of 2026, with developers becoming increasingly reliant on specialist finance to help navigate a more challenging market. The quarterly survey, commissioned by Octane Capital, tracks how developer sentiment, project appetite and reliance on specialist finance are shifting as market conditions evolve. The latest research shows that just 23% of developers now believe UK property market conditions will improve during 2026, down from 35% in the previous quarter, with more than three quarters (77%) now expecting conditions to remain challenging. As confidence has deteriorated, reliance on specialist finance has continued to strengthen. More than four in five developers (83%) now say they expect to utilise specialist finance to help navigate current market conditions, up from 72% in Q1. Bridging finance remains the most widely expected specialist lending product, with expected usage increasing from 40% to 44% quarter-on-quarter. Development finance has also seen an increase in demand, rising from 24% to 29%. The survey also suggests that developers are becoming increasingly cautious when it comes to progressing new projects. Whilst the proportion more likely to break ground on development or investment projects remained unchanged at 20%, the number stating they are less likely to proceed has climbed sharply from 37% to 57%. At the same time, the proportion expecting activity levels to remain broadly unchanged has almost halved, falling from 43% to 23%. This more cautious outlook reflects the continued challenges facing the sector, with almost all developers surveyed (97%) stating that obstacles remain within the current market. High build and labour costs remain the most significant challenge, cited by 35% of respondents, whilst concern around planning delays and uncertainty has increased notably to 29%, making it the second biggest barrier to development activity. Despite the weakening outlook, developers continue to believe that improvements to the lending environment could help unlock activity. Falling interest rates were identified as the single biggest factor that could improve market conditions (23%), followed by improved lender confidence (20%) and greater availability of finance (16%). The findings suggest that whilst confidence has weakened further, developers remain focused on progressing opportunities where possible, increasingly looking towards specialist lenders capable of providing the speed, flexibility and certainty required to navigate today’s more complex market. Jonathan Samuels, CEO of Octane Capital, commented: “The second quarter has seen confidence soften further, with developers clearly becoming more cautious about both current market conditions and the prospects for the remainder of the year. Build costs remain stubbornly high, planning delays continue to frustrate development activity, and wider economic uncertainty is making it increasingly difficult for developers to commit to new projects with confidence. At the same time, we’re seeing specialist finance become more important than ever. The continued increase in demand reflects the fact that developers still want to transact, but they’re increasingly looking for lenders that can provide the speed, flexibility and certainty needed to navigate a far more complex market. Whilst sentiment has undoubtedly weakened, opportunities still exist for those able to move decisively, and that’s exactly where specialist finance continues to play such an important role.” Data Tables and Sources Building, Design & Construction Magazine | The Choice of Industry Professionals

MERA Investment Management has made a significant equity investment in Winslade Park, an 86-acre grey-to-green development in Exeter with a GDV of £100m. Following the completion of Clyst House in March 2026, the park has welcomed eight new companies, taking its occupier community to more than 100 businesses and around 1,500 professionals. The estate is also on course to become one of the UK’s first large-scale office developments to run entirely on on-site renewable energy. Solar installation is scheduled to begin in 2027, with completion expected before year-end. Once operational, the array will power the park in full, a significant draw for the growing number of occupiers and investors with firm sustainability commitments.   With roughly 30,000 sq ft of premium office space still available, the park is on track to reach 90% occupancy by the end of the year, capping a landmark year of growth for the estate. MERA’s investment supports a series of upgrades now completing across the estate: Edward Matthews, CEO of MERA Investment Management, commented: “Winslade Park represents the highest level of tenant wellbeing we’ve seen across all investments presented to us, and was a defining factor in our decision to invest. The office sector is dynamic, once again attracting high levels of demand, and our funding supports entrepreneurial management teams who have the drive to create exceptional places to live and work.” “As a private investor, we are actively backing opportunities where there is potential to scale up, and this project is a revolutionary development for the area.” Mark Edworthy, Managing Director of Burrington Estates, commented: “We really enjoy working with the MERA team as they have a genuine passion for what we are developing here, and it feels like a collaborative partnership with a constant flow of ideas. We have created beautiful spaces for human connection: whether that is for your office, your team, a business event or a wellness journey. The response from tenants, visitors and the broader community has been remarkable.” Winslade Park’s occupier community has grown to more than 100 companies, including AECOM, Bishop Fleming, Vistry Group, Lovell Partnerships, Hays, Currie & Brown, Haskoning and Begbies Traynor, reflecting the strong market response to the estate’s ongoing transformation. Building, Design & Construction Magazine | The Choice of Industry Professionals

Supply chain management solutions firm Once For All, home to Constructionline, reports regional growth in high-value projects awarded Combined data from Once For All’s Marketplace platform reveals a strong start to the first half (H1) of 2026, with total signed contracts awarded reaching £19.8 billion.  A significant portion of the total was driven in the first quarter, which saw £12.75 billion in awarded contracts—a nearly 59% increase from the previous quarter (Q4 2025). Although Q2 had a lower total value of £7 billion, a year-on-year comparison showed a positive trend. Specifically, Q2 2026 experienced a 77% increase in total value compared to Q2 2025 (£4 billion), along with a steady rise in volume (4.3%) compared to the same period in the previous year. The trillion-pound pipeline Looking more broadly at projects added to the future pipeline, the report shows a record-breaking boom in the total value of UK construction opportunities published across H1 2026, peaking at a potential £1.3 trillion listed in Q2. This figure is largely driven by several newly published national infrastructure frameworks in the North West dedicated to naval defence infrastructure. Housing remained the top sector for volume of projects added to the pipeline in H1 2026. Yet in Q2, outside of the major defence infrastructure framework, high-value published pipelines emerged in Harbours and Waterways (£7.3 billion) and Air Transport (£2.1 billion) compared to £1.3 billion for housing. Several major new projects were published in Q2, the top three being: Regional growth continues A defining trend of the first half of 2026 is the regional diversification of awarded construction projects outside of the capital. The data highlights that construction buoyancy is spreading outside of the South of England, with Wales and Scotland showing exceptional strength in both project pipelines and contracts awarded. Wales claimed the highest-value projects awarded for Q2 2026, totalling £983 million across 22 projects. This includes an extension to Margam Substation in Port Talbot and a new-build arena and hotel in Cardiff. Scotland maintained its strong growth trajectory from 2025 into the first half of this year. Securing £568 million across 29 projects in Q2, Scotland cemented its position as a top-three regional leader for project awards nationwide in both quarters, consistently tracking alongside London, Wales, and the North West. Commenting on the H1 2026 data, Andrew Preston, Director of Marketplace, Once For All, said: “The data from the first six months of 2026 reveals high-value contracts continuing to dominate the UK construction market. A trend we started to see unfold last year. “The impressive £1.3 trillion pipeline highlights a promising future for the North West. However, it also underscores the increasing need for contractors and their supply chains to possess the necessary financial and compliance credentials to capitalise on available opportunities. “Although housing continues to dominate high-volume activity, other regulated industries are emerging as higher value, including air transport, education, harbour and waterways, so a focus on supplier pre-qualification and compliance remains paramount.” Building, Design & Construction Magazine | The Choice of Industry Professionals

GB Bank has supported the first stage of financing a £33 million mixed-use property portfolio across London, completing a structured funding solution in just seven days to help an experienced property investor meet a demanding exchange deadline. Working alongside SHC Capital, GB Bank provided an initial lending facility to be secured against an unencumbered portfolio of stabilised, income-producing assets, unlocking equity to support the borrower’s exchange on the wider acquisition within the same tight window. The structure created a clear funding pathway across the transaction, securing favourable commercial terms from the outset. The transaction was structured to support the borrower’s longer-term acquisition strategy, demonstrating GB Bank’s ability to deliver flexible funding solutions that help experienced investors execute complexed property transactions at pace. The borrower is an established property investor with a long-standing track record and ownership of more than £500m worth of real estate. Security for the facility comprised of a well-performing, income-generating portfolio with strong occupancy levels, enabling GB Bank to act quickly while maintaining its disciplined and prudent approach to lending. The transaction highlights GB Bank’s ability to combine responsive decision-making with structured funding expertise, supporting complexed and multi-asset transactions while maintaining robust lending fundamentals. GB Bank would like to thank Simon Noonoo, Partner at Seddons, for his legal support throughout the transaction, and Simon D’Archy at Savills for acting as valuer within the strict timelines. Pankaj Thukral, Chief Lending Officer and Deputy CEO at GB Bank, said: “This transaction demonstrates the value of combining speed, flexibility and commercial understanding to help clients seize significant opportunities. By working closely with Tony Tadros at SHC Capital, we were able to structure a solution that unlocked equity from an existing portfolio, enabling the borrower to exchange on the wider acquisition within just seven days. “Complexed transactions require more than fast decisions – they require a funding partner that understands the bigger picture. Our relationship-led approach allowed us to support the client’s wider acquisition strategy from the outset, providing certainty of funding while maintaining the prudent underwriting standards that underpin every deal we complete.” Hardik Gogia, Relationship Manager at GB Bank, said: “Understanding a sponsor’s wider strategy is what allows us to structure funding that works today and tomorrow. In this case, we were able to release equity from an existing, well-performing portfolio at pace, giving our client the certainty they needed to exchange on the next stage of their acquisition. “It’s a good example of how a relationship-led approach and disciplined credit process aren’t mutually exclusive. Working closely with Tony Tadros at SHC Capital, and with strong support from Simon Noonoo at Seddons and Simon D’Archy at Savills on valuation, we delivered both speed and structure on a genuinely complex transaction.” Tony Tadros, Director at SHC Capital, added: “We consider GB Bank a long-term partner, and once again they delivered under significant pressure. This was a complex transaction with a demanding timeline, requiring all parties to move quickly. Throughout the process, the GB Bank team remained responsive, pragmatic, and solutions-focused, ensuring a successful outcome. Simon Noonoo at Seddons and Simon D’Arcy at Savills were first class at every step.” For more information, please visit gbbank.co.uk Building, Design & Construction Magazine | The Choice of Industry Professionals