Company News Summary | 08 Oct 2021

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Downer EDI Announces South Australia Project EnergyConnect Contract Award

15:40:00 | Associate analysts

Original annuncemenet:South Australia Project EnergyConnect contract award

Downer EDI announced that the Company had been awarded a contract valued at $200m with ElectraNet Pty (ElectraNet) to construct voltage transmission line connection between the NSW and South Australian power grids as part of Project EnergyConnect. The Company will commence work at once, with construction commencing in early 2022. Commissioning of the transmission line is to be underway in 2023. The Company's contribution to Project EnergyConnect will include the design, procurement and construction of: a 330kV transmission line between Bundey Substation and the South Australian and NSW border, and a 275kV transmission line between Bundey Substation and the existing Robertstown Substation.

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