Wave makes splash with new £25 million contract

A national water retailer has secured a major new framework, marking another significant step in its growth and commitment to sustainability.

Durham-based Wave has won a four-year contract with The Energy Consortium (TEC), providing water services to universities and museums across the UK, generating a combined annual revenue of £25 million.

The partnership builds on a successful four-year relationship, with Wave expected to retain 100 per cent of TEC’s current customers due to its strong focus on quality, water efficiency, and social value.

Tony March, director of public sector and industrial customers at Wave, 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.” 

A key aspect of this collaboration includes Wave’s Legionella Risk Management (LRM) trial, which offers TEC members the opportunity to be part of the first group testing innovative sensors that aim to reduce excess water usage.

Steve Creighton, head of members at The Energy Consortium, added: “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.”

Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →