Malcy Positive Comment23 Apr 2018 17:13
A short word on Infrastrata which I have been keeping an eye on since the new management team arrived and have done some excellent work in the restructuring and not least cost reductions. Under new Chairman Graham Lyon and CEO Adrian Pocock, Infrastrata is now beginning to do what it says on the tin.
Those with longer memories will know that they are hoping to finally get after the Islandmagee gas storage project in Northern Ireland which, given the winter we have just had, should be a no-brainer. They announced last week a raise of �900/- and today announce that they have entered into a contract with Costain for the surface element of the FEED for the project. A contract for the subsurface work for the project is due imminently I understand.