The UK’s leading energy solutions provider, IMServ, has won an £11m contract with outsourcing company Logica, for operation of the British Electricity Balancing and Settlement Systems for ELEXON.

As the central IT services provider to Elexon, Logica’s key role is to consolidate the operation and hosting of the Balancing and Settlement Code; making the services more cost effective and efficient to manage.

The five year contract places IMServ as Logica’s key partner in the operation of Central Services for wholesale electricity settlement for England, Scotland and Wales.

Steve Brown, Managing Director at IMServ, commented: “We are delighted to be forming a partnership with Logica once again to perform this crucial role for the electricity industry. Through our expertise in the collection and aggregation of electricity data and our core infrastructure we look forward to working with Logica to provide a high performing service.”