REG - Fulcrum Utility Srvc - Fulcrum Awarded Scottish Distilleries Project <Origin Href="QuoteRef">FCRM.L</Origin>

Fulcrum Utility ServicesAnnouncement

17/07/2015 08:13

RNS Number : 3157T
Fulcrum Utility Services Ltd
17 July 2015
17 July 2015
FULCRUM UTILITY SERVICES LIMITED
Fulcrum Awarded Significant Scottish Distilleries Project
Fulcrum, the UK's market leading independent energy and multi-utility services provider, today announces that it has been awarded a 3.95 million project to install a 13 kilometre pipeline to link Scotland's main gas network to the Speyside distilleries, Tamdhu, Dalmunach, Cardhu and Knockando. The new pipeline will deliver approximately 4,700 cubic metres of gas every hour to the four major Scottish distilleries. 
The contract will be funded by a partnership of three companies, Chivas Brothers, Diageo and Ian MacLeod Distillers. Importantly, the connection to the gas network will help reduce the distilleries' carbon footprints by cutting their reliance on fuel oil and ending the need for delivery by road tankers during the summer months. As a result of the limitations of the current local gas infrastructure, the new pipeline will enable the distilleries to receive a gas supply from 1st April until 30th September each year, when domestic usage is lower.
Scheduled to begin in August 2015, the project will be delivered by a dedicated team ofproject managers and engineers, led by Fulcrum with its specialist technical and operational know-how. A bespoke-engineered system has been designed by Fulcrum, which will carry the pipeline across the river at Carronbridge without impacting on the local environment and dramatic scenery. 
This contract award follows on from Fulcrum's completion of a 16-mile pipeline connecting four other Speyside distilleries in 2014. This previous project brought gas to Cragganmore, Glenlivet, Tormore and Tomintoul distilleries on behalf of Chivas Brothers, Diageo and Angus Dundee. As a result, those distilleries have been able to switch to a less carbon-intensive fuel source.
Martin Donnachie, Chief Executive of Fulcrum, said: "We are delighted to be further endorsing our relationship with Scotland's historic whisky industry by the award of this second prestigious contract. Not only are the distilleries enabled to further strengthen their gas infrastructure but they will be able to achieve long-term environmental efficiencies. This in turn will make a significant contribution to the local employers and communities. We look forward to working with them on delivering a sustainable, efficient and environmentally friendly utilities service." 
Keith Miller, Diageo Distilling and Maturation Director, said: "We are delighted to be investing in partnership with our Scotch Whisky industry colleagues to develop the gas infrastructure on Speyside. The new pipeline will improve the sustainability of our distilleries and it demonstrates again the contribution our industry makes to the local economy." 
Mike Younger, Finance Director for Ian MacLeod Distillers, said: "Ian MacLeod Distillers is pleased to have the opportunity to bring gas into Tamdhu, we look forward to the time when the supply is available throughout the year."
Gordon Buist, Production Director for Chivas Brothers, said: "Chivas Brothers is pleased to collaborate on another gas pipeline project, bringing as it does considerable transport and carbon footprint benefits. It does, however, highlight the constraints of the gas network in this area of Scotland, in that the gas supply will only be available during the summer."


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
Georgia Mann
Tom Huddart 
+44 (0)114 280 4150
+44 (0)20 7397 8900
+44(0)203 757 4992
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/

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