Downer awarded 10-year City of Gold Coast contract
Pag e 1 o f 1
Media/ASX and NZX Release
25 August 2022
DOWNER AWARDED 10-YEAR CITY OF GOLD COAST CONTRACT
Downer EDI Limited (Downer) today announced it had been awarded a 10-year contract to deliver asset
lif ecycle delivery services to the City of Gold Coast’s water and sewerage networks.
Th e contract will commence in August 2022, and generate revenue to Downer of approximately $250 million.
Scope of works includes planned and reactive repairs and maintenance, refurbishment and renewals
programs, and capital works related to the City of Gold Coast’s water and sewerage network assets and
f acilities.
The contract will deliver water supply and sewerage services to Australia’s second largest Local Government
Area, and will be delivered by Gold Coast Inf rastructure Solutions, a 50:50 joint venture between Downer
and Ventia.
The Chief Executive Officer of Downer, Grant Fenn, said the contract strengthens Downer’s position as the
market leader in delivering complete water lifecycle solutions.
“We are pleased to be selected for this long-term partnership. We look forward to working closely with o ur
customer, the City of Gold Coast Council, and our joint venture partner to deliver these vital services to the
growing region of the Gold Coast,” Mr Fenn said.
Authorised for release by Downer’s Chief Executive Officer.
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:
Media: Mitchell Dale, Group Manager Corporate Affairs +61 448 362 198
Investors: Adam Halmarick, Group Head of Investor Relations +61 413 437 487
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.
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