UGL wins USD 212m of contracts on Aussie solar, transmission projects

Australia’s UGL, part of CIMIC Group Ltd (ASX:CIM), unveiled on Friday it has secured three contracts worth over AUD 296 million (USD 212m/EUR 188m) on renewable energy and transmission projects in Queensland and South Australia.

The CIMIC business has been contracted by Australian energy infrastructure company APA Group (ASX:APA) to perform design and construction works at the Mica Creek solar farm project which includes an 88-MW solar farm, substation and transmission line. The project is located in Queensland’s Mt Isa region.

In Queensland, UGL has also been awarded a contract by Powerlink for the connection of the 1,026-MW MacIntyre Wind Farm Precinct, developed by Spain’s Acciona SA’s (BME:ANA) and the Queensland government's CleanCo. UGL will design and construct two 330-kV switching stations and build about 65 kilometres (40 miles) of double circuit transmission line for the MacIntyre connection project.

The third order is from Vena Energy and covers the engineering, procurement and construction (EPC) of an 87-MW solar farm and substation upgrade at Tailem Bend in South Australia.

UGL Managing Director Doug Moss noted that the Mica Creek project will be the company’s third solar project for APA Group, while the Tailem Bend 2 assignment follows work on the adjacent site for Vena Energy.

The individual value of the deals was not disclosed. They all started in late 2021 and are due to be completed in 2023.

(AUD 1 = USD 0.717/EUR 0.634)

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