Cambi commences the THP upgrade project at Ringsend in Dublin

Asker, Norway, 19 January 2023, 17:49 CET

Reference is made to the previous stock exchange notice by Cambi ASA on 3 September 2021 regarding a framework agreement signed with Irish Water.

Cambi has now entered an Equipment Supply Agreement (ESA) with Murphy Process Engineering, Irish Water’s main contractor, for a comprehensive Sludge Line Enhancement project at the Ringsend wastewater treatment plant in Dublin.

Early Works comprising detail engineering commence today and are expected to be completed in the first half of 2023. Procurement, manufacturing and site work will follow, pending a notice to proceed. The contract value for the upgrade project is classified as a sizeable contract for Cambi. The received Early Works order amounts to 20% of the contract value. 

The project progresses as indicated in September 2021, with completion envisaged before the end of 2024.

For more information, please contact:

  • Mats Tristan Tjemsland, CFO, +47 920 67 094
  • Tord Finstad, Managing Director Services, +47 947 87 799

Note

When announcing new contracts, Cambi describes the contract value using the following classification:

 


Contract

Sizeable
contract

Large
contract

Major
contract

Value in
NOK million

15-50 50-100 100-200 >200

 

 

Attachment

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