New framework contract signed with npower

RNS Number : 5157C

Fulcrum Utility Services Ld

17 April 2013

 



17 April 2013

FULCRUM UTILITY SERVICES LIMITED

New framework contract signed with npower

Fulcrum Utility Services Limited ("Fulcrum" or "the Company"), the UK based energy solutions company, today announces it has signed a significant new framework contract with npower for the provision of commercial and industrial utility connections services. The Company expects that volumes from this agreement will benefit revenue in the second half of this financial year.

The contract reinforces the previously stated sales strategy of developing new relationships with energy providers and broadening the routes to market for Fulcrum's connections services.

John Spellman, Chief Executive Officer at Fulcrum Utility Services, commented: "We are delighted to have concluded this deal with npower, and look forward to working closely with them to utilise our expertise for the benefit of npower customers. We look forward to seeing the results of this partnership develop over the longer term."

Mr Stuart Beasley, Business Sales Manager at npower said: "We are pleased to have selected Fulcrum to provide us with connections services. It's important that we're able to provide a smooth and reliable connections service to our business customers, and believe Fulcrum will deliver the best solutions for our customers' requirements. We look forward to a successful partnership with Fulcrum in the future."  

Enquiries:

Fulcrum Utility Services Limited       [phone]

John Spellman, Chief Executive Officer

Marcus Green, Chief Financial Officer

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

Stephen Keys

College Hill                                            [phone]                          (PR)

Paul Downes

Chantal Hadley

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

 

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