Cimic Group’s (ASX:CIM) AGL secured $112M contract suite

04Dec

Cimic Group’s (ASX:CIM) AGL secured $112M contract suite

 

CIMIC Group’s (ASX:CIM) UGL has secured multi-year contracts in the utilities sector worth over $112 million.

The contracts include work in the Snowy Mountains for TransGrid, the installation of a Tesla battery for TransGrid in Sydney’s West, the design and construction of a substation to support the connection of a solar farm in Gunnedah to TransGrid’s network, the design and construction of Powerlink’s substations in Queensland and work in Victoria for United Energy.

UGL’s Managing Director Doug Moss says the “new contracts in the utilities sector highlight UGL’s power and renewables capability”.

Shares in CIMIC Group (ASX:CIM) are trading 0.5 per cent higher at $26.91.
Copyright 2020 – Finance News Network


Source: Finance News Network

Share this post

Related Posts

16Sep

Iberdrola Renewables offers 92 cents per Infigen (ASX:IFN) stapled security

15 Sep 2020 - Iberdrola Renewables Australia announced that its offer price of 92 cents per Infigen (ASX:IFN) Stapled Security in relation to its offmarket takeover offer is its best and final offer.

Read More
19Sep

Stocks of the Hour: Javelin Minerals, Bindi Metals, GreenTech Metals

19 Sep 2024 - A snapshot of the stocks on the move, featuring Javelin Minerals (ASX:JAV), Bindi Metals (ASX:BIM) and GreenTech Metals (ASX:GRE).

Read More
19Jul

Stocks of the Hour: Telstra, Vulcan Energy & Oil Search

19 July 2021 - A snapshot of some of the news that broke today featuring Telstra (ASX:TLS), Vulcan Energy (ASX:VUL) & Oil Search (ASX:OSH).

Read More
07Nov

nib Group (ASX:NHF) reaffirms its FY20 guidance

07 Nov 2019 - nib Group (ASX:NHF) reaffirmed its financial year 2020 underlying operating profit guidance of at least $200 million, with statutory operating profit of at least $180 million.

Read More
22Mar

Crown Resorts (ASX:CWN) receives $8 billion takeover bid

22 Mar 2021 - Under-pressure Crown Resorts (ASX:CWN) has officially confirmed that American investment business Blackstone has submitted an $8 billion takeover bid to acquire the Australian casino operator.

Read More
27Dec

Hidden Gems 2023 Highlights: Real Estate

28 Dec 2024 - A selection of some of the Real Estate companies that presented with us in 2023.

Read More
02Sep

IOOF Holdings (ASX:IFL) complete insitutional offer

02 Sep 2020 - IOOF Holdings (ASX:IFL) is pleased to announce that it has successfully completed the institutional component of the capital raising announced on 31 August 2020.

Read More
14Sep

Stocks of the Hour: Altech Chemicals, IVE Group, BluGlass

14 Sep 2022 - A snapshot of the stocks on the move, featuring Altech Chemicals (ASX:ATC), IVE Group (ASX:IGL) and BluGlass (ASX:BLG).

Read More
19Dec

Stocks of the Hour: Lake Resources, Lithium Universe, Culpeo Minerals, Sunstone Metals

19 Dec 2023 - A snapshot of the stocks on the move, featuring Lake Resources (ASX:LKE), Lithium Universe (ASX:LU7), Culpeo Minerals (ASX:CPO) and Sunstone Metals (ASX:STM).

Read More
11Nov

Suncorp Group (ASX:SUN) looking to raise $250 million

11 Nov 2019 - Suncorp Group (ASX:SUN) is looking to raise $250 million with the ability to raise more or less, through the offer of Suncorp Capital Notes 3.

Read More