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IN BRIEF: Fulcrum Utility wins employment park substation contract

14th Jul 2021 10:48

Fulcrum Utility Services Ltd - energy and multi-utility services provider - Wins new GBP4.9 million multi-utility infrastructure contract from unnamed "large investor developer", for a "major" new employment park in the West Midlands. As part of the contract, the company will design and install a high voltage primary substation and the electricity, water, and gas infrastructure to "energise and power" the new development.

"The multi-utility infrastructure will be delivered by Fulcrum over 14-months and will serve the first phase of the project," company says.

Chief Executive Terry Dugdale adds: "We're delighted to be playing such a crucial role in this major new development. This is a significant project that is helping to set the standard for future industrial and commercial developments, and we've worked closely with our client to design a complete and future proofed multi-utility solution."

Current stock price: 32.74 pence, up 5.6% on Wednesday

Year-to-date change: down 7.8%

By Paul McGowan; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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