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DOWNER EDI LIMITED — Capital/Financing Update 2011
Jul 19, 2011
64784_rns_2011-07-19_6671000b-feb1-4169-93f9-6e590564cb7e.pdf
Capital/Financing Update
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Media/ASX and NZX Release
20 July 2011
DOWNER BOMBARDIER SECURES CONTRACT WITH WESTERN AUSTRALIA’S PUBLIC TRANSPORT AUTHORITY
Downer EDI Limited (Downer) announced today that it had been awarded a contract, through a 50:50 joint venture with Bombardier Transportation Australia, with Western Australia’s Public Transport Authority (PTA) for the supply of passenger rail cars. The value of the contract is more than $160 million, of which Downer’s share is in excess of $80 million.
Downer Bombardier will supply 15, three car, single-deck electric trains to grow the PTA’s existing B Series fleet. The trains will be manufactured at Downer’s facility in Maryborough, Queensland and delivered progressively from September 2013.
The Chief Executive Officer of Downer, Grant Fenn, said today’s announcement builds on Downer’s strong and long standing relationship with the PTA.
"Downer Bombardier has been supplying the PTA with trains since 1991 and we are very pleased to continue our partnership in order to provide essential services to the people of Perth and the state’s growing public transport network.”
Downer’s Rail division has over 100 years’ experience and is the leading provider and maintainer of passenger and freight rolling stock in Australia. The division’s broad range of capabilities and expertise includes passenger cars, locomotives, freight wagons and light rail.
CONTACT DETAILS
Investors: Ross Moffat, EGM Investor Relations M: +61 412 256224 Media: Michael Sharp, Group Head of Corporate Affairs M: +61 439 470145
Downer EDI Limited (www.downergroup.com) provides comprehensive engineering and infrastructure management services to the public and private Minerals & Metals, Oil & Gas, Power, Transport Infrastructure, Communications, Water and Property sectors across Australia, New Zealand, the Asia Pacific region and the United Kingdom.
A Triniti Business Campus, 39 Delhi Road, North Ryde NSW 2113 P PO Box 1823, North Ryde NSW 2113 T +61 2 9468 9700 | F +61 2 9813 8915 | W downergroup.com
Downer EDI Limited ABN 97 003 872 848
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