Sureserve Group PLC (AIM:SUR) said its subsidiary, K&T Heating Services Ltd, successfully extended its long-term gas servicing, repair and installation contract with L&Q.
Starting from 1 May 2022, the contract is capped at eight years and is expected to generate £68mln of revenue over the period, according a statement from Sureserve, the social housing energy services group.
L&Q is a social housing provider and manages over 95,000 homes in London and the southeast of England.
“This eight-year contract win recognises the importance of K&T Heating Services' client relationships, service quality and focus on delivering important critical services for social housing communities,” said Dan Greenfield, managing director of K&T.