By Robb M. Stewart

 

CGI Inc. said Monday it has received a 97 million Canadian dollars ($72.4 million) contract to design, build, implement and support a central energy market information system for Poland's electricity transmission system operator, Polskie Sieci Elektroenergetyczne.

The new centralized energy IT system will store and manage data from all of Poland's energy consumption locations to simplify and enhance data exchange across the country's retail electricity market, CGI said.

The system will unify electricity retail market processes and standards across Poland, reducing the number of standards and systems maintained locally by energy distributors and suppliers, the IT and business consulting services company said.

Last week, the Canadian company reported net income of C$382.4 million on sales of C$3.45 billion in its fiscal first quarter, and said bookings stood at C$4.04 billion.

 

Write to Robb M. Stewart at robb.stewart@wsj.com

 

(END) Dow Jones Newswires

February 06, 2023 07:01 ET (12:01 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
CGI (NYSE:GIB)
Historical Stock Chart
From May 2023 to Jun 2023 Click Here for more CGI Charts.
CGI (NYSE:GIB)
Historical Stock Chart
From Jun 2022 to Jun 2023 Click Here for more CGI Charts.