New Funding Facility

RNS Number : 0222X

Fulcrum Utility Services Ld

04 February 2013

 



FULCRUM UTILITY SERVICES LIMITED

New Funding Facility

Fulcrum Utility Services Limited, the UK based energy solutions company, today announces its subsidiaries, Fulcrum Infrastructure Services Limited and Fulcrum Pipelines Limited, have entered into a new £4million asset backed financing facility with Lloyds TSB Commercial Finance Limited, a division of Lloyds Banking Group plc. The facility will be used to provide the Group with scope for additional working capital investment for new contracts.

Enquiries:

Cenkos Securities plc         [phone]                                                          (nominated adviser and broker)

Stephen Keys / Adrian Hargrave

College Hill                           [phone]

Toby Bates / Del Jones

Notes to Editor

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 pipelines that connect over 28,000 properties to the main UK gas network. 

 

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