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SRG GLOBAL LIMITED — Capital/Financing Update 2019
Dec 10, 2019
65852_rns_2019-12-10_04e4a6b6-9a06-4041-bdeb-fa5a82c9bf2c.pdf
Capital/Financing Update
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11 December 2019
SRG Global awarded preferred tenderer status for $90.0m Multi-disciplinary Asset Services Contract with Alcoa
Highlights:
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SRG Global has been awarded preferred tenderer status for a new $90.0 million multidisciplinary asset services contract with Alcoa of Australia Limited (‘Alcoa’)
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The scope of services includes heavy mechanical and electrical maintenance, specialist rope access and scaffold services at Alcoa’s alumina refinery in Kwinana, Western Australia
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Site mobilisation is expected to commence early 2020.
SRG Global Limited (‘SRG Global’ or ‘the Company’) (ASX: SRG) is pleased to announce that it has been awarded preferred tenderer status for up to a five-year multi-disciplinary asset services contract with Alcoa. SRG Global will provide heavy mechanical and electrical maintenance as well as access solutions including highly skilled rope access technicians and scaffold services.
The services will be provided at Alcoa’s Kwinana Alumina Refinery in Western Australia with site mobilisation forecast to commence in early 2020.
SRG Global Managing Director, David Macgeorge said, “ This is a very significant announcement for SRG Global in our Asset Services division and showcases our ability to deliver multi-disciplinary integrated solutions for tier one customers. We look forward to building a long-term partnership with Alcoa to deliver value-engineered maintenance and access services that drives value for their operations. ”
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Media Contact Investor Contact Citadel-MAGNUS SRG Global Michael Weir Judson Lorkin, Corporate Development (08) 6160 4900 (08) 9267 5400
About SRG Global
SRG Global is an engineering-led specialist construction, maintenance and mining services group operating across the entire asset lifecycle of engineer, construct and sustain. The Company operates three segments of Construction, Asset Services and Mining Services. For more information about the variety of services offered by SRG Global, click here.