Cape plc Cape extends contracts with EDF Energy in the UK (5453S)
December 22 2016 - 2:00AM
UK Regulatory
TIDMCIU
RNS Number : 5453S
Cape plc
22 December 2016
News Release
22 December 2016
Cape extends contracts with EDF Energy in the UK
Cape plc, an international leader in the provision of critical
industrial services to the energy and natural resources sectors, is
pleased to announce an expansion of its current portfolio with EDF
Energy in the UK.
Under this suite of contracts, Cape will provide access,
insulation and asbestos services in support of EDF Energy's Coal
and Gas assets, including:
-- The Cottam and West Burton A coal power stations in
Nottinghamshire, which together provide 4GW of capacity and are
capable of generating enough power for 7.5 million homes.
-- The West Burton B CCGT power station, which has three
combined cycle units capable of generating enough electricity for
approximately 1.5 million UK homes
-- The gas storage facilities in Hole House, Cheshire, which
provide the ability to store large volumes of gas combined with the
fast cycle import and export capability, helping safeguard gas
transmission system stability and security of supply.
These substantial contracts, which extend Cape's long standing
relationship with EDF Energy, encompass the supply of specialist
access, thermal insulation and asbestos services for five years to
2022 in support of EDF Energy's mission to provide safe, reliable
generation to sustainably meet the needs of the UK electricity
market.
Commenting on the signing of the contracts, Simon Hicks,
Managing Director UK, said:
"We are delighted with this award; it is further demonstration
of our ability to deliver excellence in the safe and efficient
service provision across these assets with close collaboration with
our key customer, EDF Energy".
About Cape:
Cape (www.capeplc.com), which is premium listed on the main
market of the London Stock Exchange, is an international leader in
the provision of critical industrial services principally to the
energy and natural resources sectors. Our multi-disciplinary
service offering includes access systems, insulation, specialist
coatings, passive fire protection, refractory linings, mechanical
services, environmental services, oil and gas storage tanks and
heat exchanger replacement and refurbishment. Cape employs c.16,400
people working across 19 countries and in 2015 reported adjusted
revenue of GBP711.4 million.
- End -
Enquiries
Cape plc
Joe Oatley, Chief Executive +44 (0) 1895 459 979
Michael Speakman, Chief Financial Officer +44 (0) 1895 459 979
Ian Wood, Head of Investor Relations +44 (0) 1895 459 979
Buchanan
Bobby Morse, Ben Romney, Chris Judd +44 (0) 207 466 5000
This information is provided by RNS
The company news service from the London Stock Exchange
END
CNTDGBDDIBDBGLB
(END) Dow Jones Newswires
December 22, 2016 02:00 ET (07:00 GMT)
Cape PLC (LSE:CIU)
Historical Stock Chart
From Aug 2024 to Sep 2024
Cape PLC (LSE:CIU)
Historical Stock Chart
From Sep 2023 to Sep 2024