AGL Energy Limited
(ASX:AGL) has awarded a new metering field services contract to provider of network services Service Stream Limited
(ASX:SSM).
Under the deal Service Stream will provide AGL with a range of installation, commissioning, maintenance, logistics and customer contact centre services.
The initial term of the contract is for three years, with the option of two one-year extensions.
Service Stream expects to generate revenues of more than $50 million over the initial term.
AGL Energy reported a net profit of $308 million in the first half of the 2015 financial year.