(Sharecast News) - Strategic infrastructure group InfraStrata has won a contract award from "a globally recognised ferry company" for the repairs of two of its ferries at Harland & Wolff in Belfast.
InfraStrata said the two-vessel deal was valued at approximately £1.60m, with the completion of the repair works on both vessels expected by mid-June.
Chief executive John Wood said: "We are now seeing the positive effects of the UK's successful vaccination programme emerging in that clients and vessel owners are discussing and committing to larger spend profiles on their vessels.
"Going into the third and fourth quarters of this calendar year, should the vaccination programme continue to be successful and the economy continues its recovery, we should be in a position to win further contracts of larger value given that we have time and again demonstrated our technical and commercial capabilities to the satisfaction of vessel owners. We expect to make further announcements to the market in due course."
As of 0945 BST, Infrastrata shares were up 1.42% at 29.92p.
16 Apr 2021 11:24
InfraStrata awarded contract on Scotland wind farm project
(Sharecast News) - Infrastructure and physical asset management company InfraStrata has been awarded a contract by Saipem for the fabrication and load-out of eight wind turbine generator jacket foundations for the EDF Renewables and ESB Energy-owned Neart na Gaoithe offshore wind farm project in Scotland's outer Firth of Forth, it announced on Friday.
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