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REG - Fulcrum Utility Srvc - Major hospital electricity infrastructure project <Origin Href="QuoteRef">FCRM.L</Origin>

RNS Number : 2863W
Fulcrum Utility Services Ltd
26 April 2016

26 April 2016

FULCRUM UTILITY SERVICES LIMITED

Major hospital electricity infrastructure project

Fulcrum Utility Services Limited ("Fulcrum" or the "Company"), the UK's market leading independent multi-utility infrastructure and services provider, today announces that it has won a major hospital electricity infrastructure project, in partnership with British Gas Business, involving a new 588 million hospital in the West Midlands.

The 1 million contract for Fulcrum, starting in summer 2016, comprises the installation of four kilometres of high voltage electricity cabling as part of the development of the 670-bed hospital. The award of this significant contract follows on from the successful delivery of a 246k contract to install the temporary electricity infrastructure into the hospital, on behalf of British Gas Business.

In addition, Fulcrum has recently won two new major housing schemes:

235k gas, electricity and water project for a leading housing developer in the North West;

264k contract on behalf of Lendlease to deliver the gas infrastructure to a new residential development in Deptford.

Martin Donnachie, Chief Executive Officer of Fulcrum, said: "The award of this prestigious electrical contract and new housing schemes are directly connected to our previously stated aim of expanding into electricity and multi-utility. These wins are testament to Fulcrum's ability to meet exacting customer requirements and to our staff's outstanding technical knowledge and capabilities."

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

+44 (0)114 280 4150

+44 (0)20 7397 8900

+44(0)203 757 4992

Notes to Editor

Fulcrum is a multi-utility infrastructure and services provider based in Sheffield, UK. The Company's primary business is the provision of utility infrastructure services to the residential, commercial and industrial markets throughout the main land UK. These range from the design, installation or alteration of utility services 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, owning and operating gas pipelines that connect properties to the main UK gas networks.

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


This information is provided by RNS
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