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CUI Global’s UK subsidiary signs agreement with National Grid

Monday, October 3, 2016 3:43
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(Before It's News)

Orbital Gas Systems, the UK subsidiary of CUI Global, Inc. (NASDAQ:CUI), has signed a framework agreement with energy distribution giant National Grid Gas PLC (LON:NG., NYSE:NGG).

The framework agreement will give Orbital the opportunity to provide goods and services worth more than £30.0 million (US$40.0 million) over a five-year period.

Orbital, the largest natural gas systems integrator in the UK, will get the chance to provide services to National Grid, including the supply of equipment such as its proprietary IRIS, GasPT, and VE Technology systems, and will be in the box seat to provide design, system integration, installation, technical support and training for a variety of other systems in the field of gas metering, analysis and telemetry.

“I am delighted with the dedication and attention to detail displayed by our team in securing this framework agreement, scoring the highest technically across all areas from over 30+ companies bidding,” said Richard Law, managing director of Orbital UK.

Story by ProactiveInvestors

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