October 17, 2014 - ARCADIS (EURONEXT: ARCAD), the world's leading natural and built asset design and consultancy firm, announced today that it has been selected as a preferred supplier to provide engineering services for TenneT, a leading European electricity transmission system operator. As preferred supplier, ARCADIS will participate in two framework agreements for a period of three years (with a possible 2 times 2 years extension). One contract is valued at €26 million and the other €13 million. ARCADIS will share each contract with two other firms.
Between now and 2023, TenneT will roll out an extensive investment program in the Netherlands. Engineering will be a meaningful part of this investment and will include technical studies and designs needed to maintain and adjust the high voltage power distribution base stations, power lines and support systems, with the exception of the IT component. ARCADIS will provide system and back-up system design capabilities, telecommunications expertise, electromagnetic pulse and grounding know-how to ensure safety, as well as construction design and supervision, and quality control services. In addition, ARCADIS could become involved in related activities, such as permitting, planning and geotechnical services.
"Through this project we support TenneT in ensuring the continued delivery of high voltage power to their clients in Europe. Uninterrupted service is particularly critical with the rising number of load changes as more and more wind parks, solar installations and other renewable energy sources are linked to the grid. Our geographical presence and consistent high quality delivery were key points for the client in selecting us" said Stephan Ritter, the Executive Board member for ARCADIS responsible for its European activities.
For more information please contact Joost Slooten at +31 (0) 20 2011083, or outside office hours at +31 (0) 6 27061880 or joost.slooten@arcadis.com (mailto:joost.slooten@arcadis.com)
About ARCADIS: ARCADIS is the leading global natural and built asset design and consultancy firm working in partnership with our clients to deliver exceptional and sustainable outcomes through the application of design, consultancy, engineering, project and management services. ARCADIS differentiates through its talented and passionate people and its unique combination of capabilities covering the whole asset life cycle, its deep market sector insights and its ability to integrate health & safety and sustainability into the design and delivery of solutions across the globe. We are 27,000 people that generate €3 billion in revenues. We support UN-Habitat with knowledge and expertise to improve the quality of life in rapidly growing cities around the world. Please visit: www.arcadis.com (http://www.arcadis.com/)
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: ARCADIS N.V. via Globenewswire
