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DOWNER EDI LIMITED — Capital/Financing Update 2015
Jun 11, 2015
64784_rns_2015-06-11_b680c854-e6f1-4002-b6c7-c8bad29b0f0f.pdf
Capital/Financing Update
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Downer EDI Limited ABN 97 003 872 848 Triniti Business Campus 39 Delhi Road North Ryde NSW 2113 1800 DOWNER www.downergroup.com
Media/ ASX and NZX Release
12 June 2015
DOWNER AWARDED CONTRACT FOR ARARAT WIND FARM
Downer EDI Limited (Downer) today announced it had been awarded a contract for work on the proposed Ararat Wind Farm Project in Victoria.
Downer’s scope of works, which is valued at approximately $130 million, includes:
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construction of a 33 kV transmission network;
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balance of plant, civil and electrical infrastructure;
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logistics; and
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erection of the wind turbine generators.
The Ararat Wind Farm Project remains subject to financial approval and certain conditions precedent being met.
Construction of the Ararat Wind Farm is anticipated to commence shortly after financial close has occurred.
Downer is a leader in renewable energy in Australia and has successfully delivered Collgar Wind Farm in Western Australia, Boco Rock Wind Farm in New South Wales, Lake Bonney Wind Farm in South Australia, and Waubra and Mt Mercer Wind Farms in Victoria. Downer is also currently constructing Taralga Wind Farm in New South Wales.
For further information please contact:
Michael Sharp, Group Head of Corporate Affairs and Investor Relations +61 439 470145 Luke Thrum, Manager Investor Relations +61 459 828720
Downer EDI Limited (Downer) is a leading provider of services to customers in markets including Transportation, Mining, Energy and Industrial Engineering, Utilities, Communications and Facilities. Downer employs about 20,000 people, mostly in Australia and New Zealand but also in the Asia-Pacific region, South America and Southern Africa.
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