DOW
29/05/2015 14:04
GENERAL
PRICE SENSITIVE
REL: 1404 HRS Downer EDI Limited
GENERAL: DOW: United Energy awards Downer $180 million contract
Media/ ASX and NZX Release
29 May 2015
UNITED ENERGY AWARDS DOWNER $180 MILLION CONTRACT
Downer EDI Limited (Downer) announced today it had been awarded a three year
contract valued at approximately $180 million with United Energy to provide
24/7 network operations and maintenance and augmentation services covering
300,000 consumers.
Downer has been United Energy's electricity network service provider for
their southern electricity region since 1 January, 2012.
"The renewal of this contract is testament to the importance of building
relationships based on shared values with our customers," said the Chief
Executive Officer of Downer, Grant Fenn.
"Our 250 employees complete approximately 50,000 work orders each year for
United Energy and we do more than just deliver network services. We have, for
example, implemented innovation and safety forums, introduced mobility and
productivity tools and delivered more than 500 quality audits. A number of
Downer employees have also been awarded United Energy Chairman's Awards for
excellence in safety," said Mr Fenn.
The Chief Executive Officer of United Energy, Hugh Gleeson, said Downer will
continue to help United Energy meet the highest safety and reliability
standards for the network.
"We are very pleased to continue working with Downer because they have a
culture that is consistent with our own. It is a culture that focuses on
ensuring the health and safety of our employees, contractors and community,"
Mr Gleeson said.
"Downer has a strong customer service record and, like United Energy, is a
part of our local community."
The three year contract is effective from 1 July 2016 and there is an option
for an additional two years.
For further information please contact:
Michael Sharp, Group Head of Corporate Affairs and Investor Relations +61
439 470145
Noel Lean, Manager Corporate Affairs, Infrastructure Services +61 447 228
967
Downer EDI Limited (Downer) is a leading provider of services to customers in
markets including Transportation, Mining, Energy and Industrial Engineering,
Utilities, Communications and Facilities. Downer employs about 20,000 people,
mostly in Australia and New Zealand but also in the Asia-Pacific region,
South America and Southern Africa.
End CA:00265027 For:DOW Type:GENERAL Time:2015-05-29 14:04:52
(20min delay)