Ventia wins contract with Transpower New Zealand

Ventia Services Group Limited
ABN 53 603 253 541

Level 8, 80 Pacific Highway
North Sydney NSW 2060
AUSTRALIA

ventia.com
ASX and NZX Release


30 May 2022

Ventia to operate, maintain and provide specialist
services to New Zealand’s national grid
Ventia has today signed a contract with Transpower New Zealand Limited (Transpower) to operate,
maintain and provide specialist electrical and telecommunication services to New Zealand’s national
electricity grid.
In a continuation of more than 25 years’ service to Transpower, Ventia will operate under a
Transmission Grid Services contract and membership of the Contestable Work Panels. The initial five-
year contract is expected to generate approximately NZ$300 million in revenue for Ventia.
Commencing in August 2022, the base contract is for a five-year term with further extension options of
up to five years.
Ventia will operate across two separate regions, encompassing the lower North Island and upper
South Island, and have opportunity to provide Capital Projects across all regions as part of panel
agreements.
Ventia Group CEO Dean Banks said Ventia is one of the largest essential services providers in New
Zealand and Australia, and a trusted partner to some of the region’s largest owners and operators of
energy, telecommunications and other essential infrastructure.
“Ventia is delighted to continue our long-term partnership with Transpower, providing highly skilled and
specialist services to meet the current and future needs of New Zealand’s electricity grid.
“This contract renewal is testament to our commitment to redefine service excellence and to provide
Transpower and communities in New Zealand with innovative and sustainable solutions. We look
forward to our role in enabling Transpower’s strategy towards a renewable, electrified, low-carbon
economy.”
Transpower is New Zealand’s high voltage transmission network owner and operator; a state-owned
enterprise responsible for the country’s electric power transmission.

-Ends-

Ventia Services Group Limited
ABN 53 603 253 541

Level 8, 80 Pacific Highway
North Sydney NSW 2060
AUSTRALIA

ventia.com
ASX and NZX Release


For further information, please contact:

Investors
Chantal Travers
General Manager Investor Relations
chantal.travers@ventia.com
+61 428 822 375
Media
Sarah McCarthy
General Manager Brand, Marketing & Communications
sarah.mccarthy@ventia.com
+61 400 993 542




About Ventia
Ventia is a leading essential infrastructure services provider in Australia and New Zealand, proudly providing the services that
keeps infrastructure working for our communities. Ventia has access to a combined workforce of more than 35,000 people,
operating in over 400 sites across Australia and New Zealand. With a strategy to redefine service excellence by being client-
focused, innovative and sustainable, Ventia operates across a broad range of industry segments, including defence, social
infrastructure, water, electricity and gas, resources, telecommunications and transport.