County Durham-based water retailer Wave is toasting a new deal worth more than £100m.
The Pity Me company, which employs more than 300 people, has secured the new four-year water framework with The Energy Consortium (TEC), which gives it access to university and museum customers across the 海角视频, bringing in combined revenue of £25m a year.
Wave, which turned over £435m in its most recent accounts, said it is expected to retain all of the consortium’s current customers, and that the new framework builds upon an existing four-year relationship with TEC.
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The business – a joint venture between Northumbrian Water Group and Anglian Water Group – helps commercial customers across the 海角视频 to drive down water usage and lower their utility bills.
It has clients ranging from large industrial and commercial customers to SMEs in the public and private sectors, including the Ministry of Justice which enlisted the company at the start of the year through the CCS Water framework.
Most recently, Wave’s Legionella Risk Management (LRM) trial has offered TEC members an opportunity to be part of the first cohort of participants to test new sensors which could reduce excess water, as part of LRM practices in colleges and universities across the country.
Tony March, director of public sector and industrial customers at Wave, said both organisations are committed to environmental sustainability and community engagement, having worked together an a number of initiatives.
TEC and its member organisations have recently volunteered at Wave’s social value initiatives, including maintenance projects delivered at Washington Wildlife Trust, Worcester and Birmingham Canal and Liverpool Festival Gardens.
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Mr March said: “TEC, its members, associates and Wave are approaching nearly four years of working closely to deliver a water service that is second to none.
“Wave is delighted to have secured the new TEC framework, which will provide a great platform to build on the fantastic work which is in progress. Together, we’ll work to drive efficiencies, reduce water consumption, improve compliance and continue all our journeys to net zero.
“Thank you to TEC, its members and associates for this amazing opportunity and placing your trust in Wave.”
Steve Creighton, head of members at The Energy Consortium, said: “This framework enhances the service that TEC has been continuously improving over the last four years and will give our members access to a water partner and service that delivers real benefit and value. Wave has consistently demonstrated exceptional service to our members and possesses a strong understanding of the challenges in our sector.
“Together, TEC and Wave are committed to driving change and enhancing water efficiency by reducing consumption and waste, aligning with the core needs of our industry for the benefit of all.
“And we are delighted to have Wave at our upcoming conference in November to promote this message.”