Cape UK Wins RWE npower Contracts
Cape is pleased to announce multiple contract awards from RWE npower for the provision of industrial services at four of its UK power stations over 3-4 years. The contracts have a potential total lifecycle value of £16 million.
Cape has been awarded a 3 year optional contract for the provision of access services at RWE npower's Didcot A and B power stations, whilst at Fawley and Aberthaw Cape has signed multi-disciplinary services optional contracts of 3 and 4 years respectively. These services will include access, insulation and asbestos management.
RWE npower is one of Europe's leading energy companies, active in the generation, trading, transmission and supply of electricity and gas. With annual revenues of €48 billion, they employ more than 70,000 people and supply over 16 million customers with electricity and around 8 million customers with gas.
Martin May, Chief Executive of Cape, commented:
"We are delighted with these prestigious contract awards on some of RWE npower's major assets. It is a testament to Cape's regional teams on the South Coast and in the West that RWE npower have chosen Cape as their service provider."
Cape plc, which is listed on AIM (CIU), provides a range of non-mechanical industrial services including access systems, insulation, painting, coatings, blasting, industrial cleaning, training and assessment to both industrial plant operators and major international engineering and construction companies. Cape employs c.17,000 people in 28 countries with its four main markets being the UK, Gulf/Middle East, CIS, Mediterranean and North Africa, and the Far East/ Pacific Rim. In the year ended 31 December 2009, Cape reported turnover of £655.1 million.
Published 08/07/2010
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