Fulcrum Secures Framework Contract Extension

RNS Number : 6236E

Fulcrum Utility Services Ltd

05 November 2015

 

05 November 2015

FULCRUM UTILITY SERVICES LIMITED

("Fulcrum" or the "Company")

Fulcrum Secures Framework Contract Extension with British Gas
 ("British Gas") to 2018

Fulcrum, the UK's market leading independent energy and multi-utility infrastructure and services provider, has secured a 26 month extension to its contract with British Gas to 2018. British Gas is a long standing and valuable client of Fulcrum Utility Services.

The framework contract, to provide new utility connection and metering services to customers in England, Scotland and Wales, will now run until January 2018.

Announcing the British Gas extension today, Martin Donnachie, Chief Executive Officer of Fulcrum, said:

"We are delighted to announce this new contract extension with British Gas, which not only validates the investments we have made in our operations and assets, but also demonstrates the excellent relationships which have been cultivated between both parties.   Our project engineers, designers and site operatives work incredibly closely with British Gas, ensuring leading levels of project delivery and customer service and we look forward to continuing the relationship to further enhance the services we provide to its customers across England, Scotland and Wales."

In addition, Fulcrum has also recently announced a number of prestigious contract wins including a £3.95m project to deliver new gas connections to four major Scottish distilleries which is now underway.

The Company continues to enhance its solid order book and extend its strong customer base of more than 1,200 UK clients, which reflects its customer centric approach and excellent service levels.

Enquiries:

Fulcrum Utility Services Limited Craig Baugh, Head of Marketing and Communications Cenkos Securities plc (Nominated adviser and broker) Max Hartley (Nomad) / Oliver Baxendale (Sales) Camarco (Financial PR advisers) Ginny Pulbrook Tom Huddart

[phone] [phone] [phone]

Notes to Editors:

Fulcrum is an energy solutions company based in Sheffield, UK. The Company's primary business is the provision of unregulated utility connection services to the residential, commercial and industrial markets throughout the UK. These range from the design, installation or alteration of connections for single site properties to large complex multi-site projects. Through its subsidiary, Fulcrum Pipelines Limited, Fulcrum is also licensed as an Independent Gas Transporter, operating gas connection pipelines that connect properties to the main UK gas network.

http://www.fulcrum.co.uk/

The framework contract agreement which has been extended to 31 January 2018 is between Fulcrum Pipelines Limited and British Gas New Heating.

 

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