InfraStrata Announces Contract Award the Islandmagee Gas Storage Project

The Board of InfraStrata plc, the UK quoted company focused on gas storage, is pleased to announce that the Company has entered into a contract with Costain to carry out the surface element of the Front End Engineering Design ("FEED") for the Islandmagee gas storage project (the "Project").

Work by Costain is to start imminently and enables InfraStrata to carry out the surface element of the FEED programme this year and within the rules and timescales of the EU funding grant. A contractor for the subsurface elements of the FEED programme has been identified and the Company plans to conclude this contract shortly.

Adrian Pocock, Chief Executive of InfraStrata, commented:
"We are delighted to confirm that we have now signed this key contract with Costain, who have been immensely supportive in helping us to reach this significant milestone in the development of the salt cavern gas storage facility in Islandmagee, Northern Ireland."

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