​ASG signs AU$15m managed services contract with Synergy

ASG will deliver transformational and 'value-added' project services to Synergy for the next three years, with options of extending the agreement through to 2021.

ASG has won an initial three-year managed services contract valued at AU$15 million with Western Australian gas and electricity provider Synergy.

Under the contract, ASG will deliver transformational and "value-added" project services to Synergy.

While the contract term is for three years, there is the option to take the agreement through to 2021, ASG said.

The win follows the merger of Verve Energy and Synergy. Prior to the amalgamation, ASG was the managed services provider for Verve Energy, and has since been involved in the consolidation of the two companies.

"ASG are a valued part of Synergy's ICT team and have consistently delivered high-quality services. We are very pleased to be renewing what has been a strong partnership, and look forward to working together in the coming years," said Alex Jones, Synergy chief information officer.

According to ASG, it is also in discussions with Synergy regarding extending the scope of services to include a consolidation of its current datacentre footprint.

ASG said it is currently in exclusive negotiations for opportunities in excess of AU$80 million, all of which are expected to be concluded within the next three months.

In February, during half-year earnings for the six months ending December 2014, ASG reported that net operating profit reached AU$5.7 million, a 49.8 percent surge from the previous year's result of AU$3.8 million for the corresponding period. The company at the time said the growth was due mainly to the swift take-up of its "New World" service offerings.