If you would like to learn more about future focusIR related events and roundtables, please submit your details here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksHAYT.L Regulatory News (HAYT)

  • There is currently no data for HAYT

US Nuclear Orders

8 Dec 2010 07:00

RNS Number : 5443X
Specialist Energy Group PLC
08 December 2010
 



For immediate release: 0700hrs Wednesday, 8 December 2010

 

Specialist Energy Group plc

 

("SEG" or the "Company")

 

 US Nuclear Orders

 

Further to the announcement of 29 November 2010, which announced the conditional Placing by finnCap Limited of up to £5 million before expenses to support inter alia the expansion of SEG's Hayward Tyler US nuclear operation, the Directors of SEG are pleased to announce three new North American nuclear contracts won by Hayward Tyler, Inc. ("HTI") worth in total approximately $5 million.

 

The largest of the new orders is from Dominion Nuclear for three sets of replacement columns for the specialist water circulating pumps which will be installed at Dominion's Millstone Nuclear Power Plant in Waterford, Connecticut. The Millstone plant generates 2,097 megawatts of electricity, enough to power approximately 500,000 homes. The first of the outer column sets will be shipped by Hayward Tyler, Inc. in December with the remaining sets being fabricated at HTI's Vermont plant and delivered in 2011.

 

The next order in size has been placed by the Public Service Enterprise Group for a mission critical seal-less pump for use in the Reactor Water Clean Up phase at the Hope Creek nuclear power station in New Jersey. The pump will be manufactured by HTI and is scheduled for delivery to site in December 2011. It is anticipated a second pump will be purchased in 2011 for delivery in December 2012.

 

The remaining order is from Hatch Nuclear for a 125 hp. Reactor Water Clean-up Pump Spare Motor. The spare motor pump is scheduled for delivery mid-2011 and will be deployed at the Hatch Nuclear Power Station in Baxley, Georgia. The Hatch Nuclear Power Station is part of Southern Companies and Georgia.

 

Ewan Lloyd-Baker, Chief Executive Officer of SEG plc, commented:

"We are delighted to be able to announce these contract wins. As previously stated, the US nuclear market is a key growth market for the Group. We now service or have parts in almost 70% of North America's existing and planned nuclear power stations. To this end, we are advancing our plans to expand our Hayward Tyler, Inc. manufacturing operations in North America through the creation of a larger dedicated nuclear-stamped facility in Vermont due for completion in 2012. We believe this will have the potential to nearly double the size of our footprint in the region."

 

-Ends-

 

Enquiries:

Specialist Energy Group plc

Ewan Lloyd-Baker, Chief Executive Officer

Nick Flanagan, Finance Director

 

Tel: 020 7747 8380

 

FinnCap Limited

Tom Jenkins - Corporate Broking

Marc Young - Corporate Finance

 

Tel: 020 7600 1658

 

Akur Partners LLP

Andrew Dawber

David Shapton

 

Tel: 020 7499 3101

GTH Media Relations

Toby Hall

Christian Pickel

 

Tel: 020 3103 3900

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
STRKMMGZVNKGGZM
Date   Source Headline
26th May 20173:15 pmRNSExtension to deadline under Rule2.6(c) of the Code
18th May 20177:00 amRNSNew Order Wins and R&D Update
28th Apr 201711:45 amRNSUpdate on banking facilities
28th Apr 20177:00 amRNSExtension to deadline under Rule2.6(c) of the Code
25th Apr 20179:54 amRNSForm 8.3 - Hayward Tyler Group Plc
21st Apr 20175:39 pmRNSForm 8.3 - Hayward Tyler Group PLC
20th Apr 20177:00 amRNSTrading Update and Notice of Results
13th Apr 20175:12 pmRNSForm 8.3 - Hayward Tyler Group Plc
12th Apr 201712:41 pmRNSForm 8.3 - Hayward Tyler group PLC
12th Apr 20177:00 amRNSContract Wins
10th Apr 201712:20 pmRNSForm 8.3 - Hayward Tyler Group
10th Apr 201710:40 amPRNForm 8.3 - Hayward Tyler Group plc
7th Apr 20171:18 pmRNSForm 8.3 - Hayward Tyler Group PLC
6th Apr 20173:08 pmRNSForm 8.3 - Hayward Tyler
5th Apr 201710:39 amPRNForm 8.3 - Hayward Tyler Group Plc
4th Apr 20175:05 pmRNSForm 8 (OPD) Hayward Tyler Group plc
4th Apr 201712:35 pmRNSForm 8.3 - Hayward Tyler Group PLC
3rd Apr 20173:33 pmRNSForm 8.3 - Hayward Tyler Group Plc
3rd Apr 20173:14 pmRNSForm 8.3 - Hayward Tyler Group Plc
3rd Apr 20172:48 pmRNSForm 8.3 - Hayward Tyler Group plc
3rd Apr 20172:36 pmRNSForm 8.5 (EPT/RI) Hayward Tyler
3rd Apr 201712:30 pmPRNForm 8.3 - Hayward Tyler Group Plc
3rd Apr 201712:04 pmRNSForm 8 (DD) - Hayward Tyler Group PLC
31st Mar 201711:38 amRNSResponse to share price movement - Replacement
31st Mar 201710:54 amRNSResponse to share price movement
16th Mar 20177:00 amRNSBank facility update and new order win
14th Mar 20177:00 amRNSNew order wins
28th Feb 20177:00 amRNSUpdate on banking support
20th Feb 20177:00 amRNSUpdate on trading and continued banking support
13th Feb 20171:19 pmRNSSuccessful completion of loan note raise
1st Feb 201710:30 amRNSUpdate on Order Intake
23rd Dec 201610:28 amRNSOrder Delivery
21st Dec 20167:00 amRNSUpdate on New Banking Facilities
24th Nov 20167:00 amRNSContract Wins
16th Nov 201611:30 amRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
16th Nov 201611:25 amRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
16th Nov 201611:21 amRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
15th Nov 20167:00 amRNSUnaudited Interim Results
14th Nov 20162:49 pmRNSContract Wins & Update on New Banking Facilities
2nd Nov 20167:00 amRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
1st Nov 20161:30 pmRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
28th Oct 201610:00 amRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
20th Oct 20167:00 amRNSNotice of interim results & trading update
25th Aug 20167:00 amRNSRoyal Opening of the Centre of Excellence
4th Aug 20162:10 pmRNSResult of AGM
12th Jul 20167:00 amRNSPublication of ARA and Posting of Notice of AGM
8th Jul 20161:48 pmRNSDirector/PDMR Shareholding
7th Jul 20168:06 amRNSDirector/PDMR Shareholding
6th Jul 20167:00 amRNSSite Visit and Notice of AGM
5th Jul 20167:00 amRNSResults for the year ended 31 March 2016

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.