Transfield Worley wins $20 million annual contract with Genesis Energy

Transfield Worley wins $20 million annual contract with Genesis Energy
By Suze Metherell Oct. 15 (BusinessDesk) - Transfield Worley Power Services won a $20 million annual maintenance contract with Genesis Energy, New Zealand's largest power retailer, which is trying to cut costs by 10 percent. The contract bundles together 80 separate outsource maintance services for its Huntly, Waikaremoana, Tongariro and Tekapo energy generation sites, the government-controlled Genesis said in a statement. The contract will deliver an immediate saving of 10 percent in Genesis's operating costs, which were $1.7 billion in...