£5.4m Contract & Completion with the DIO and MoD

RNS Number : 7907B

Sureserve Group PLC

05 October 2022

 

5 October 2022

REACH

Sureserve Group plc

("Sureserve" or the "Group")

Solar PV Contract Award & Completion worth £5.4m with the Defence Infrastructure Organisation (DIO) and UK Ministry of Defence (MoD)

Sureserve Group plc, the Social Housing Energy Services Group, is pleased to announce that its wholly owned subsidiary CorEnergy Limited, bidding via an Aaron Services Limited Framework, has successfully completed a £5.4 million contract with the Defence Infrastructure Organisation to supply the UK Ministry of Defence with Solar PV.

CorEnergy Limited was acquired by Sureserve in December 2021. CorEnergy operates as both a consultant and principal contractor, designing and installing high quality decarbonisation solutions incorporating renewable energy generation, renewable heating and energy reduction, improving efficiency and saving carbon  within complex environments. Its services cover all phases of sustainability projects, from initial concept, feasibility and design, to installation, commissioning and lifetime aftercare support.

Tom Griffin, Managing Director of CorEnergy Limited, commented:

"We are delighted to have completed the contract supplying Solar PV to the Ministry of Defence, a first for the Group. The dedicated work of the team has ensured the solution provided has achieved the very highest of technical and ethical standards, including independent testing of the modules to demonstrate stringent technical performance and an independent audit of the global supply chain to demonstrate the highest ethical standards have been upheld. The contract award reinforces the reputation CorEnergy has established within the renewables industry for being a trusted and reliable partner for providing high quality services in complex environments."

Brigadier Richard Brown, Ministry of Defence, commented:

"The Army is committed to the roll out of Solar PV across the estate to reduce energy bills and support its sustainability strategy. This successful procurement of Solar PV is an important part of our investment in sustainable initiatives that will help to achieve our ambition to be carbon net zero by 2050."

ENDS

Enquiries

Sureserve Group
Peter Smith, Chief Executive Officer	07590 929 431
Sameet Vohra, Chief Financial Officer	07834 740 059
Camarco (Financial Public Relations)	020 3757 4992
Ginny Pulbrook
Rosie Driscoll
Toby Strong
Shore Capital (Nominated Adviser and Broker)	020 7408 4090
Stephane Auton / Daniel Bush / Tom Knibbs (Corporate Advisory)
Fiona Conroy (Corporate Broking)

Notes to Editors

Sureserve is a leading UK Social Housing Energy Services Group. The Group was founded in 1988 and is headquartered in Dartford. It currently employs some 2,588 staff from 28 offices across the UK. Following the strategic review announced in January 2022, the Group now reports performance under a single "Social Housing Energy Services" division.

 

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