1st Dec 2020 14:57
Fulcrum Utility Services Ltd - Sheffield-based multi-utility infrastructure and services provider - Updates on sale of customer gas connection assets to ES Pipelines Ltd. Says transfer of second tranche of assets to ESP completed on November 30 for GBP4.8 million. "The total gross consideration receivable by Fulcrum is expected to be GBP49 million. GBP22 million has been received to-date, leaving approximately GBP27 million to be received, with the majority expected to be collected over the next two to three years," Fulcrum says.
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By Eric Cunha; [email protected]
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