The scope of work under the nine-year contract includes installation and maintenance of vital gas transmission and distribution networks across Ireland.
It also includes the delivery of new construction, emergency response and planned maintenance services.
Balfour Beatty CEO Ian Tyler said the Bord Gais network represents a significant development for international utilities business.
"We are delighted to make this commitment to the Irish market and to continue to build upon our strategy to develop our international capability in the power sector" added Tyler.
Furthermore, CLG has a proven track record of creating essential utility infrastructure in Ireland and we look forward to working with them to deliver gas networks for the people of this country.