Downer awarded gas services contract extension
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Media/ASX and NZX Release
9 August 2019
DOWNER AWARDED GAS SERVICES CONTRACT EXTENSION
Downer EDI Limited (Downer) announced today it had been awarded a five-year extension on its gas
services contract with AusNet Services (AusNet) worth approximately $350 million.
Commencing in April 2021, the contract extension will see Downer continue to provide operations,
maintenance, capital works and 24/7 emergency response for AusNet’s gas distribution network.
The Chief Executive Officer of Downer, Grant Fenn, said Downer was the leader in end-to-end services and
solutions for utility assets.
“Downer has managed AusNet’s entire gas distribution network since 2013 and we are pleased to be
growing our long-term partnership. This extension demonstrates our ability to bring world-leading insights
and solutions that deliver cost-effectiveness, safety, and reliability for our customers,” Mr Fenn said.
The gas services contract extension follows Downer’s recent announcement that it had been selected by
AusNet to provide operational and maintenance services for its entire electricity distribution network for a
period of five years worth approximately $600 million.
About Downer
Downer is the leading provider of integrated services in Australia and New Zealand and customers are at the
heart of everything it does. It exists to create and sustain the modern environment and its promise is to work
closely with its customers to help them succeed, using world-leading insights and solutions to design, build
and sustain assets, infrastructure and facilities. Downer Group employs more than 53,000 people across
more than 300 sites, primarily in Australia and New Zealand but also in the Asia-Pacific region, South
America and Southern Africa. It also owns 88 per cent of Spotless Group Holdings Limited. For more
information visit downergroup.com.
For further information please contact:
Michael Sharp, Group Head of Corporate Affairs and Investor Relations +61 439 470 145
Downer EDI Limited
ABN 97 003 872 848
Triniti Business Campus
39 Delhi Road
North Ryde NSW 2113
1800 DOW NER
www.downergroup.com
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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