February 28, 2017 / 12:49 AM / 9 months ago

BRIEF-Downer EDI says Millennium maintenance contract extended for 10 years

Feb 28 (Reuters) - Downer Edi Ltd

* Millennium maintenance contract extended for 10 years

* Sydney trains had exercised its option to extend Downer’s maintenance of Millennium passenger trains for a further 10 years.

* 10 year contract extension begins in June 2017 and is valued at approximately $225 million.

* in addition to another 10 years of Millennium maintenance, Downer will maintain Waratah trains for another 26 years

* In near future, will maintain new Sydney growth trains for 25 years and Victoria’s high capacity metro trains for 30 years Source text for Eikon: Further company coverage:

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