LONDON (Alliance News) - Fulcrum Utility Services Ltd on Thursday said it has secured a 26-month extension to its ongoing contract with British Gas, the power utility owned by Centrica PLC.
Fulcrum, the energy and utility services company, said the framework will cover new connection and metering services in England, Scotland and Wales and will run until January 2018.
"We are delighted to announce this new contract extension with British Gas, which not only validates the investments we have made in our operations and assets, but also demonstrates the excellent relationships which have been cultivated between both parties," said Martin Donnachie, Fulcrum's chief executive.
Fulcrum shares were up 2.4% to 17.67 pence on Thursday.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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Centrica (CNA)