Romag Wins GBP10m Contract


 

TIDMROM 
 
RNS Number : 5825N 
Romag Holdings PLC 
14 June 2010 
 

 
 
 
 
14 June 2010 
 
           Romag Wins GBP10m Contract with Community Energy Solutions 
 
 
Romag Holdings Plc ('Romag' or 'the Group') is pleased to announce that the 
Group has been awarded a contract by Community Energy Solutions (CES) to provide 
solar photovoltaic (PV) modules and roof mount kits. The contract, which is 
worth up to GBP10.2m in revenue to the Group in the coming financial year 
(ending 30 September 2011), was awarded to Romag after they beat 12 other 
bidders in a European Tendering Process. 
 
CES is a non-profit distributing organisation based in the North East of England 
which is driving the uptake of micro-generation renewable technology in the 
region. The photovoltaic equipment contracted from Romag will be used in 
approximately 2000 PV systems in homes and properties across the North East, 
Yorkshire and Humberside that will be installed within the next two years. 
 
David Banks, Finance Director of Romag Holdings said: 
 
"We are delighted to have won the tender process and signed this very 
substantial contract with CES. We have been experiencing a higher level of 
enquiries for this kind of micro-generation system since the implementation of 
the UK Feed-in Tariff in April this year and it is extremely pleasing to see 
that interest materialise into a major agreement like this. As a company we have 
always tried to respond to market needs and demands and the new 'PV solar kits' 
that we have developed for CES is a prime example of this approach coming to 
fruition." 
 
 
Enquiries: 
 
Romag Holdings plc                01205 500 000 
David Banks 
 
Kreab Gavin Anderson            0207 074 1800 
Ken Cronin 
Michael Turner 
Natalie Biasin 
 
Arbuthnot Securities                0207 012 2000 
Antonio Bossi 
Tom Griffiths 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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