Significant gas pipeline project secured

RNS Number : 5634C

Fulcrum Utility Services Ltd

29 June 2016

 

29 June 2016

FULCRUM UTILITY SERVICES LIMITED

Significant gas pipeline project secured

Fulcrum Utility Services Limited ("Fulcrum" or the "Company"), the UK's market leading independent multi-utility infrastructure and services provider, today announces it has secured a significant new gas pipeline contract in partnership with British Gas.

The £1.4 million contract for Fulcrum will see the installation of over two kilometres of gas pipeline infrastructure to a new manufacturing plant in the north east of England.  Fulcrum will adopt, own and operate the pipeline after its construction, adding it to the Company's growing asset base. Works are scheduled to start in late summer 2016.

Martin Donnachie, Chief Executive Officer of Fulcrum, said: "The award of this significant gas pipeline project in partnership with British Gas is another example of the successful relationship we have developed with them. It also reinforces Fulcrum's position as the utility services provider of choice for major developments across the UK and is in line with our plans for FY2017."

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]

 

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