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Imtech N.V. (AMS:IM) Gouda - Imtech (technical services provider in Europe) has closed long-term energy management contracts in Germany with Caterpillar near Kiel and Infineon Technologies near Munich for a total of more than 250 million euro. These contracts will result in a considerable energy saving and confirm Imtech's strong position in the European market.
Energy management contract for Caterpillar On a 50-hectare industrial site in Friedrichsort near Kiel, Caterpillar produces generators for power generation and ships' diesel engines. Imtech Deutschland has been operating here since 2002 on an energy management contract which guarantees the availability of electrical power, steam, gas, water and compressed air in the most energy-saving way, including all related electrical and mechanical engineering systems, as well as technical maintenance and management. This energy management contract was recently extended for 11 years until 2019, and is valued at more than 130 million euro. This contract will result in a considerable energy saving.
Management contract for Infineon At Neubiberg near Munich, on the 60-hectare campus of the head office of Infineon, manufacturer of semi-conductors, Imtech has been responsible for the supply of heat, power, emergency power, cooling and water since 2005. As an extension to this energy supply contract, Imtech will also undertake the entire building management for a period of 15 years, and will be responsible for the use, maintenance and management of all technical facilities for the entire site, including the supply and management of energy. Due to this contract, Infineon will achieve extensive additional energy savings during the contract period.
Strong player in the German energy market Imtech is one of the most important players in the German energy market, and a specialist in energy saving. Imtech focuses on a broad package of energy services and specific technology aimed at optimising energy performance, and concentrates specifically on energy-intensive industries and large real estate complexes. Imtech is not only able to take complete responsibility for the supply, maintenance and management of all energy provision in the long term, but uses innovative technology to integrate the entire energy process of operational and production processes. All operational systems and processes are analysed and optimised. This results not only in efficiency improvements, but also in considerable cost and energy savings. In February of this year, Imtech already announced an energy contract for the new head office of the German Intelligence Service (Bundesnachrichtendienst) in Berlin, which is valued at 140 million euro.
Imtech profile Imtech N.V. is a European technical services provider in the fields of electrical engineering, ICT and mechanical engineering. With over 19,000 employees, Imtech achieves annual revenue of more than 3.3 billion euro. Imtech holds strong positions in the buildings, industry and infrastructure/mobility markets in the Netherlands, Belgium, Luxembourg, Germany, Eastern Europe, the UK, Ireland and Spain and in the global marine market. In total Imtech serves 14,000 customers. Imtech offers added value in the form of 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 mobility. Imtech shares are listed on the Euronext Stock Exchange Amsterdam, where Imtech is included in the Midcap Index and the Next 150 index. Imtech shares are also included in the Dow Jones STOXX 600 index.
