UtilX® Corporation (An InfrastruX Group company) announced that it has received a multi-year order from Florida Power & Light Company (FPL) to perform cable rehabilitation services including its proprietary CableCURE® cable life-extension technology. FPL anticipates treating an estimated 300,000 feet per year of aged URD primary cable over the three year agreement term.
FPL, the largest investor-owned utility in Florida, is a longtime UtilX customer that has utilized CableCURE injection to increase the remaining life and reliability of its aged distribution cable. The utility has already treated over 7 million feet of cable, ensuring reliable power to many of its customers.
“By continuing with UtilX’s proven process, FPL joins a growing number of utilities that are strengthening the reliability of the cables delivering power to their customers,” said Gus Derezes, Vice President of UtilX Corporation. “We are pleased that FPL has chosen to work with us on this important project.”
About Florida Power & Light Company
Florida Power & Light Company is the principal subsidiary of FPL Group, Inc. (NYSE:FPL), nationally known as a high quality, efficient and customer-driven organization focused on energy-related products and services. With annual revenues of nearly $16 billion and a growing presence in 27 states, FPL Group is widely recognized as one of the country's premier power companies. Florida Power & Light Company serves 4.5 million customer accounts in Florida. FPL Energy, LLC, FPL Group's competitive energy subsidiary, is a leader in producing electricity from clean and renewable fuels. Additional information is available on the Internet at www.FPL.com, www.FPLGroup.com and www.FPLEnergy.com.
About UtilX Corporation
UtilX Corporation is the global leader in developing and applying life-extension technologies to aged power and telecommunication cables. UtilX Corporation is known worldwide for its patented CableCURE® silicone-based injection fluids, which have restored over 80 million feet of cable and saved customers more than $1 billion in replacement costs