Downer awarded new $600m water contract in Queensland
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Media/ASX and NZX Release
28 May 2024
DOWNER AWARDED NEW $600 MILLION WATER CONTRACT IN QUEENSLAND
Downer EDI Limited (Downer) today announced it had been awarded a new contract by Unitywater to deliver
water, sewerage and recycled water services in south-east Queensland.
The contract commences in May 2024, with an initial five-year term plus three two-year extension options.
The contract is valued at an estimated $600 million to Downer over the initial five-year term.
Under the contract, Downer will be responsible for delivering capital works for the water, sewerage and
recycled water networks within the Sunshine Coast and Moreton Bay regions, as well as works across
Unitywater’s 17 sewerage treatment plants in the Sunshine Coast, Noosa and Moreton Bay regions. The
programs will be delivered under a collaborative, target cost commercial structure.
The full scope of work includes program management services, stakeholder management, business case
development, and construction and commissioning of water and wastewater assets.
The Chief Executive Officer of Downer Group, Peter Tompkins, said the contract reinforced Downer’s
position as a leading provider of water and wastewater services in Australia and New Zealand.
“With the award of this contract, Downer now supports water and wastewater services to more than 13
million Australians – more than half the Australian population,” Mr Tompkins said.
“This is an important contract award for Downer in a growth sector where Downer has industry leading
expertise. We have previously partnered with Unitywater on a range of projects, however, this new long-term
collaborative style contract will significantly expand our relationship.
“We look forward to working closely with Unitywater to deliver these vital services to this rapidly growing
region in south-east Queensland, and contributing to Unitywater’s net zero emissions targets as well as
creating sustainable employment outcomes and opportunities for local service providers and suppliers.”
Authorised for release by Downer’s Chief Executive Officer, Peter Tompkins
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, General 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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