Energy Assets Gp plc (EAS) - New Agreement with DONG Energy Sales RNS Number : 4977R Energy Assets Group plc 20 November 2012 For immediate release 20th November 2012 Energy Assets Group plc ("Energy Assets", the "Company" or the "Group") New Agreement with DONG Energy Sales Energy Assets Group (EAS), the largest independent provider of gas metering services to the UK Industrial and Commercial ("I&C") market (by number of meters owned and managed), is delighted to announce that it has signed a new non-exclusive Agreement with DONG Energy Sales (formally Shell Gas Direct) for the provision of Automated Meter Reading technology and data services solutions to DONG'sI&C customers. The new Agreement offers DONG Energy a suite of innovative options and solutions to help customers manage their energy use and also meet the industry's obligations on carbon reduction, and extends the current range of services provided byEAS under an original Agreementbetween Shell Gas Directand Gazprom Global Energy Solutions(formally Truread) signedin 2008.The Agreement is the first newadvanced metering contract signedbyEAS since its acquisition ofGazprom Global Energy Solutionson 12 October 2012. CEO of Energy Assets, Phil Bellamy-Lee, commented: "By signing this new Agreement we are delighted that DONG Energy has continued to place its trust in EAS' capabilities and technology. The Agreement providesEAS with a further opportunity to continue its growth strategy and enhance its position as the leading independent provider of metering services to the UKI&C energy market. It is a clear indicator that the proven deployed technology, which was part of the recent acquisition, will deliver value and opportunity in the future." Enquiries For further information visit www.energyassets.co.uk or contact: Energy Assets Group plc Phil Bellamy-Lee / John McMorrow Tel: +44 (0)1506 405 405 Buchanan Richard Darby / Diane Stewart / Carrie Clement / Tel: +44 (0)20 7466 5000 Helen Greenwood Canaccord Genuity Limited Piers Coombs / Adam Miller Tel: +44 (0)20 7523 8350 Macquarie Capital (Europe) Limited Steve Baldwin / Dan Iacopetti Tel: +44 (0)20 3037 2000 Notes to Editors: About Energy Assets Energy Assets provides gas metering and related services in the I&C segment of the UK gas market and is the largest independent provider of I&C gas metering services in the UK (by number of meters under management). The Group offers gas suppliers and end-user consumers of gas a broad spectrum of metering services from the provision and management of new and replacement meters through its MAM Services division to the procurement and project management of related gas infrastructure works and the collection and provision of gas consumption data through the Group's Siteworks and AMR divisions. This information is provided by RNS The company news service from the London Stock Exchange END MSCBRBDBDGBBGDC -0- Nov/20/2012 07:01 GMT
Energy Assets Gp plc EAS New Agreement with DONG Energy Sales
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