Cape plc 5 year contract extension with EDF Energy (7747A)
December 29 2014 - 2:00AM
UK Regulatory
TIDMCIU
RNS Number : 7747A
Cape plc
29 December 2014
Cape awarded 5 year contract extension with EDF Energy
Cape plc is delighted to announce it has been awarded an
extension to its contract with EDF Energy for the supply of access,
insulation and associated services in support of EDF Energy's fleet
of eight nuclear power stations in the UK.
EDF Energy is one of the largest energy companies in the UK,
supplying around 6 million residential and business accounts gas
and is the biggest supplier of electricity by volume in Great
Britain. EDF Energy produces around one fifth of the nation's
supply from eight nuclear power stations, two coal fired power
stations, a combined cycle gas turbine (CCGT) power station and a
number of wind farms.
This substantial contract, which extends Cape's long standing
relationship with EDF Energy, encompasses the supply of specialist
access and thermal insulation services for an additional five years
to 2021 in support of the fleet's maintenance, projects and
statutory outage programmes, where the requirement for safety,
reliability and innovation is paramount.
Joe Oatley, Chief Executive Officer of Cape plc commented:
We are delighted to extend our relationship with EDF Energy.
This award is a recognition of both Cape's and EDF's hard work and
investment in creating a partnership that delivers value to all
stakeholders. We look forward to continuing to deliver an
outstanding service to EDF Energy throughout the life of the UK
fleet of nuclear power stations.
About Cape
Cape plc (www.capeplc.com), which is listed on the main market
of the London Stock Exchange, provides a range of non-mechanical
industrial services including access systems, insulation, painting,
coatings, blasting, industrial cleaning, training and assessment to
both industrial plant operators and major international engineering
and construction companies.
As a single source provider, Cape is able to provide a range of
specialist multi-disciplinary services specifically tailored to
meet the needs of the client providing the most intelligent and
cost efficient solutions for our customers non-mechanical in-plant
maintenance and capital needs.
In the year ended 31 December 2013, Cape reported revenues of
GBP697.1 million. With scale and leading market positions across
its international footprint, Cape employs over 18,000 people around
the world.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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