Last checked at 19 Dec 2008 07:00
United Utilities Group PLC
19 December 2008
UNITED UTILITIES SELECTED AS PREFERRED BIDDER BY DERBYSHIRE COUNTY COUNCIL AND
DERBY CITY COUNCIL FOR MUNICIPAL SOLID WASTE TREATMENT CONTRACT
United Utilities today announces that it has been selected as preferred bidder for a substantial municipal solid waste treatment contract in Derbyshire, via a joint venture with Interserve. Confirmation of the contract award decision by Derbyshire County Council and Derby City Council is expected in January 2009.
The contract is due to commence in April 2010 with an expected duration of 27 years and will include the design, build and operation of a new waste treatment facility. The value of the contract is estimated to be in the region of several hundred million pounds.
Chief Executive of United Utilities, Philip Green, said:
"We are very pleased to have been awarded preferred bidder status for this contract. This is an important development as it represents our first step into the municipal solid waste treatment sector, enabling us to utilise our core skills in a new market with significant growth potential."
United Utilities' contacts
For further information please contact:
Philip Green, Chief Executive +44 (0) 1925 237000 Tim Weller, Chief Financial Officer +44 (0) 1925 237000 Gaynor Kenyon, Communications Director +44 (0) 7753 622282 Darren Jameson, Head of Investor Relations +44 (0) 1925 237033
Dominic Fry / Tom Murray, Tulchan Communications +44 (0) 20 7353 4200
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