Posts Tagged ‘UXC’

  • UXC Wins Victoria Smart Meters Contract

    Friday, July 10th, 2009

    UXC Limited (UXC) is pleased to announce that it has signed a contract with Powercor Network Services (PNS) for the inaugural roll-out of smart meters in Victoria. UXC is one of two service providers to install more than 1.1 million meters plus associated communications and ancillary equipment, with an estimated contract value of up to $80m. The installation works will be performed across the CitiPower and Powercor electricity networks in inner Melbourne and western Victoria. Powercor Network Services provides technical, logistical, direct procurement and field support services to CitiPower Pty and Powercor Australia Ltd. CitiPower and Powercor are electricity Distribution Businesses supplying power to more than two thirds of the state of Victoria.

    Powercor Network Services will replace more than 1.1 million meters with smart meters between Quarter 4 2009 and 31 December 2013. Approximately 31% of these meters are in the CitiPower network and 69% are in the Powercor network. Under the agreement, UXC will provide Planning and workforce scheduling; Installation of AMI Meters; Installation of Communications Technology; Interaction and liaison with CitiPower and Powercor customers; and Communication and reporting activities associated with the AMI roll out.

    UXC Executive Chairman Geoff Lord commented “We have been active in the planning stages of innovative rollout of smart meters some time now, and it is pleasing to see our expertise and commitment recognized by PNS so as to assist them with this historic initiative. Our work on this roll-out with PNS is an important plank in our continued leadership in the metering industry.”

    www.uxc.com.au

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    UXC Limited Share Purchase Plan

    Thursday, April 30th, 2009

    UXC Limited (UXC) announced on the 29/4/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date is 6/5/2009 on which shareholders must own the share to participate in the SPP and the closing date is 26/5/2009.  Shares are expected to be issued on 5/6/2009 and begin trading on 10/6/2009.   A maximum of $10,000 can be purchased by each shareholder at $0.42.  The offer is underwritten up to $4 million.  

    Discount : 11.6% Liquidity : Ok Profitability : Good Stability : Ok

    www.uxc.com.au

    * Note: Discount is based on the closing price on the 29 April 2009.

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    UXC Limited Share Purchase Plan

    Thursday, April 30th, 2009

    UXC Limited (UXC) announced on the 29/4/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date is 6/5/2009 on which shareholders must own the share to participate in the SPP and the closing date is 26/5/2009. Shares are expected to be issued on 5/6/2009 and begin trading on 10/6/2009. A maximum of $10,000 can be purchased by each shareholder at $0.42. The offer is underwritten up to $4 million.

    Discount : 11.6% Liquidity : Ok Profitability : Good Stability : Ok

    www.uxc.com.au

    * Note: Discount is based on the closing price on the 29 April 2009.

    For More Share Purchase Plans go to http://blog.mdsfinancial.com.au/category/share-purchase-plans/

    To Buy Shares And Participate in Share Purchase Plans use Trader Dealer http://www.traderdealer.com.au/

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    UXC Sells $28 million Renewable Energy Certificates

    Monday, April 27th, 2009

    UXC Limited (UXC) is pleased to announce that it’s wholly owned Business Unit Fieldforce Environmental has entered into three contracts with blue chip energy retailers for the supply of over $28 million dollars of Renewable Energy Certificates (“RECs”).  The latest delivery date contracted is December 2012. The RECs are being created by Fieldforce through the installation of solar hot water systems in households.  Through assigning RECs and taking advantage of state and federal government rebates, households are able to replace electric hot water systems with solar for very competitive prices.  Fieldforce is fast becoming the market leader in the installation of solar hot water systems.  The RECs supply contracts fix a proportion of the revenue that is earned from the services provided to householders.  Each contract calls for monthly deliveries of 10,000 RECs, over their varying terms.  Fieldforce is currently installing solar hot water systems at a rate that generates more than 10,000 RECs per week, and is attracting and training resources to more than double that in the near term. 

    UXC Executive Chairman Geoff Lord said “We are finding tremendous demand for our solar installation services, and contracts like these underpin our revenue from the RECs thereby created, which in turn gives us the opportunity to provide fully installed solar hot water systems to householders on very affordable terms.  Our solar program is growing at such a rate that it will soon overtake our earnings from the creation and sale of carbon abatements as our biggest environmental solutions contributor.” 

    www.uxc.com.au

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