South Australia Project EnergyConnect contract award
Pag e 1 o f 1
Media/ASX and NZX Release
8 October 2021
DOWNER AWARDED SOUTH AUSTRALIA PROJECT ENERGYCONNECT CONTRACT
Downer EDI Limited (Downer) announced today it had been awarded a contract valued at
approximately $200 million with ElectraNet Pty Ltd (ElectraNet) to construct the high voltage
transmission line connection between the New South Wales and South Australian power grids as
part of Project EnergyConnect.
Downer will commence work immediately, with major construction commencing in early 2022.
Commissioning of the transmission line is to be underway in 2023.
The Chief Executive Officer of Downer, Grant Fenn, said Downer was a leader in Australia’s power
transmission sector.
“Downer is pleased to be involved in this critical infrastructure project which will improve power
security and reliability to South Australia and the National Electricity Market as a whole,” Mr Fenn
said.
Downer’s contribution to Project EnergyConnect will include the design, procurement and
construction of:
• a 330kV transmission line between Bundey Substation and the South Australian and New
South Wales border; and
• a 275kV transmission line between Bundey Substation and the existing Robertstown
Substation.
Authorised for release by Downer’s Chief Executive Officer, Grant Fenn
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. 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 DOWNER
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.
Other issuers discussed similar conditions around this time
Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.
- MEL — Meridian Energy Limited: Meridian agrees terms for the sale of Australian business2021-11-21
“m e r i d i a n e n e r g y . c o . n z PG 2 As previously announced by Meridian, Jason Stein, CEO of Meridian Energy Australia and Powershop Australia, will continue in his role until 31 March 2022 or the completion of the sale. Meridian will continue to consider capital…”
- CEN — Contact Energy Limited: Contact to supply electricity for data centre near Clyde2021-08-30
“If resource consent is approved, the data centre is expected to be up and running by May 2022. New substation As part of the project, Otago electricity distributor Aurora Energy will build and operate a new substation for the data centre and this will also bolster electr…”
- VCT — Vector Limited: OPERATIONAL PERFORMANCE FOR THE 3 MONTHS ENDED 30 SEPTEMBER2021-10-20
“creating a new energy future market release 21 October 2021 Total SAIDI minutes for the six months ended 30 September 2021 are slightly unfavourable compared to the same period last year but still within the year-to-date regulatory threshold and notably favourable compa…”