Things look up at Downer, after $800m deal with AT

Staff reporters
Wed, 22 Jun 2022

Downer responsible for maintaining 25,000 kms of NZ roads (Image: AT)
Downer responsible for maintaining 25,000 kms of NZ roads (Image: AT)
Staff reporters
Wed, 22 Jun 2022
Auckland Transport has awarded Australian-owned infrastructure group Downer EDI two major road maintenance contracts valued at $800 million.The contracts mean the dual ASX and NZX listed group will do roading and aligned maintenance for AT's central and north rural networks, for an initial five-year term starting July 1. The contracts come with an 'optional' five-year extension option.Downer chief executive Grant Fenn said the firm had a 30 year history of road maintenance work in Auckland. This came with responsibility for looking...

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