Downer EDI has announced the award of a $600 million electricity field services contract with New Zealand energy distribution company, Powerco.
The contract, which has a maximum term of 12 years, will commence on July 1, 2025.
It is valued at approximately $250m for the initial five-year period, with extension options for a further seven years.
Under the agreement, Downer will provide maintenance, minor capital works, and fault repair services across two regions of Powerco's electricity distribution network on the North Island.
The contract replaces Downer's current field services work with Powerco.
See more
