The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Fulcrum Utility scores ?4.9m multi-utility infrastructure contract

Wed, 14th Jul 2021 10:23

(Sharecast News) - Engineering services firm Fulcrum Utility Services has been awarded a new £4.9m multi-utility infrastructure contract by an unnamed client.

Fulcrum Utility said on Wednesday that under the £4.9m contract, the group will design and install a high voltage primary substation and the electricity, water, and gas infrastructure to energise and power the new development in the West Midlands.

The infrastructure will be delivered over 14 months and will mark the first phase of the project.

Chief executive Terry Dugdale said: "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."

As of 1020 BST, Fulcrum shares were up 5.61% at 32.74p.

Related Shares

More News
26 Sep 2023 21:40

IN BRIEF: Fulcrum Utility shareholders back de-listing proposals

Fulcrum Utility Services Ltd - Sheffield, England-based provider of utility infrastructure services - Says all resolutions proposed at the annual gene...

19 Sep 2023 15:50

UK shareholder meetings calendar - next 7 days

21 Aug 2023 16:49

LONDON MARKET CLOSE: FTSE 100 tips into red as housebuilders struggle

(Alliance News) - Stocks in London were lower at the close on Monday, with the FTSE 100 tipping into the red as its blue-chip housebuilders were hurt ...

21 Aug 2023 12:04

LONDON MARKET MIDDAY: Crest Nicholson warning hits housing shares

(Alliance News) - Stock prices in London were mixed at midday Monday, after a profit warning from Crest Nicholson, as well as some poor data from Righ...

21 Aug 2023 11:22

UPDATE: Fulcrum Utility to de-list from AIM, annual loss widens

(Alliance News) - Fulcrum Utility Services Ltd on Monday said it intends to cancel the admission of its shares to AIM as part of structural changes me...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.