Gouda - Royal Imtech N.V. (IM-AE, technical services provider in and outside Europe) announces that it is selected as one of the technology partners on the Greater London Authority's (GLA) multi-million RE:FIT framework. RE:FIT is the Mayor of London's award-winning programme, which provides a commercial model for public bodies wishing to implement energy efficiency improvements to their buildings or estate, which can include local energy generation measures. At the same time, Imtech has recently received technology orders in London with a total value of over 47 million euro.

René van der Bruggen, CEO Imtech: 'As one of the UK key players in the technical and energy services marketplace, we're delighted to have been selected for the Mayor of London's RE:FIT programme. By assisting the public sector in reducing energy demand and consumption and decarbonising their energy supply through implementation of innovative energy efficiency measures, we are enabling existing buildings to perform better, both commercially and environmentally. This aligns with the Imtech growth strategy offering considerable added value, with integration of numerous sustainable solutions and energy efficiency measures. This RE:FIT partnership and the new orders in London prove that we are well on the way in implementing our added value growth strategy.'

RE:FIT framework: energy retrofitting over 400 public sector buildings
The award-winning RE:FIT programme is a key manifesto commitment by the Mayor of London, Boris Johnson, and the cornerstone of helping London's public sector buildings achieve better performance through retrofitting a range of energy and water conservation measures. The RE:FIT framework scheme uses selected energy service companies, such as Imtech, to identify and implement energy conservation measures, enabling organisations to reduce energy consumption, carbon emissions and ultimately running costs. The framework is for a 48-month period where Imtech will guarantee a set level of savings over the payback period of the energy conservation measures implemented on the RE:FIT projects that will be awarded. The current RE:FIT pipeline of work for November 2012 onwards includes energy retrofitting over 400 public sector buildings, where Imtech and other companies will have the opportunity to deliver innovative energy conservation measures to achieve an estimated CO2 reduction of 35,000 tonnes per annum. Due to interest from a range of organisations outside of London, the RE:FIT framework is also accessible to public sector organisations across the UK and is a key component within the Energy Efficiency Strategy recently released from the UK Government's Department of Energy and Climate Change (DECC).

London: 'the place to be', new orders
For Imtech, London is and will remain 'the place to be' with substantial investment volume in spite of strong competition and price pressure. Imtech's added value strategy provides a good response to this and leads to distinctiveness that is recognised by the market. Imtech demonstrates autonomous growth in markets such as technical maintenance, water, waste-to-energy, buildings, infrastructure (airports, power, and rail) and industry. Various medium-sized projects with a total value of over 47 million euro have been won recently. An example is the technological renovation of the Eaton Court Building, for which an innovative BIM (Building Information Management) approach was developed. Other examples include advanced air handling in the office building at 79-97 Wigmore Street and technical revitalisation at the exclusive John Lewis store which was implemented while operations continued. In the top segment of exclusive apartment complexes, Imtech is involved in the prestigious '375 Kensington High Street' and '61-75 Alie Street' projects. In the airport market, innovative solutions are being delivered at Gatwick Airport to reduce water pollution and upgrade the technical infrastructure on and around the runways. An innovative framework contract has also been agreed with the Ministry of Justice. This has led to new orders. All Imtech solutions are characterised by considerable energy efficiency measurements.

More information

Media: Analysts & investors:
Pieter Koenders
Director Group Communications
T: +31 655 74 65 85
E: pieter.koenders@imtech.com

www.imtech.com
Jeroen Leenaers
Manager Investor Relations
T: +31 182 54 35 04
E: jeroen.leenaers@imtech.com
www.imtech.com

Imtech profile
Royal Imtech N.V. is a European technical services provider in the fields of electrical solutions, ICT (information and communication technology) and mechanical solutions. With 29,000 employees, Imtech achieves annual revenue of more than 5.1 billion euro. Imtech holds strong positions in the buildings and industry markets in the Netherlands, Belgium, Luxembourg, Germany, Austria, Eastern Europe, Sweden, Norway, Finland, the UK, Ireland, Turkey and Spain, the European markets of ICT and Traffic as well as in the global marine market. In total Imtech serves 23,000 customers. Imtech offers added value with integrated and multidisciplinary total solutions that lead to better business processes and more efficiency for customers and the customers they, in their turn, serve. Imtech also offers solutions that contribute towards a sustainable society - for example, in the areas of energy, the environment, water and traffic. Imtech shares are listed on the NYSE Euronext Amsterdam, where Imtech is included in the Midkap Index. Imtech shares are also included in the Dow Jones STOXX 600 index.  


Pdf: Imtech Press Release



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