Mayfield Childcare Limited, a childcare centre operator in Australia, has successfully completed the acquisition of two childcare centres, bolstering its presence in key operational areas. The newly acquired centres, located in Sandringham, Victoria, and Home Hill, Queensland, contribute to Mayfield Childcare’s expansion plans in Bayside and south of Townsville. The Sandringham acquisition strategically complements Mayfield […]
Recharge Industries has contracted professional services company Accenture as its engineering provider for its proposed gigafactory in Geelong, Victoria, Australia. At peak, the lithium-ion battery cell manufacturing plant will produce up to 30 gigawatt hours (GWh) of storage capacity annually for electric vehicles and stationary energy storage markets. The gigafactory is expected to produce batteries […]
TagEnergy, a part of France-based Impala SAS Group, will soon begin construction on stage one of the 1.3GW Golden Plains Wind Farm in Victoria, Australia, following the financial closure of the project. The construction work on the $2 billion Golden Plains Wind Farm in Rokewood will commence early in 2023, TagEnergy, the sole investor in […]
Stonepeak, a US alternative investment firm, and Spirit Super, an Australian industry super fund, have agreed to acquire Victoria’s second largest port GeelongPort, in a joint transaction valued at approximately AUD 1.1 billion ($728.2 million). As per the terms of the transaction, Stonepeak will acquire a majority 70% stake in GeelongPort, and Spirit Super will […]
Downer EDI Limited has secured a road maintenance contract worth AUD 490 million ($314.3 million) from Victoria’s Department of Transport. The road maintenance contract in Victoria is for a maximum period of seven-and-a-half years. It will start in February 2023 for an initial period of three and a half years and has the option for […]
Australian energy infrastructure company APA Group has confirmed entering into documentation to potentially acquire Basslink that owns and operates the Basslink electricity interconnector between Victoria and Tasmania. Under the proposal, Basslink will be acquired for AUD 773 million ($486.2 million). Regarding the ongoing operations of the 370km high voltage direct current Basslink electricity interconnector, APA […]
Saunders International Limited, an Australian engineering and construction company, has bagged AUD 24 million worth contracts across the group. The new projects it has won include designing and constructing a new unleaded petrol tank in Queensland, refurbishment of a fuel terminal tank in New South Wales, shutdown and refurbishment works of a paper mill in […]
Infosys said that it has opened its Melbourne Living Lab ecosystem with an aim to advance digital co-creation in Australia. The Melbourne Living Lab is part of a network of more than 20 globally established labs by the Indian IT giant so far. According to Infosys, the Melbourne Living Lab, which is supported by an […]
Neoen has started full-scale commercial production of the Bulgana Green Power Hub, a hybrid power plant in Victoria that comprises a 204MW wind farm and a 20MW/34MWh Tesla battery. According to the French renewable energy company, the hybrid power plant located in Stawell can produce 750,000MWh of power annually, which can power nearly 150,000 homes. […]
Moderna has signed an agreement in principle with the Government of Australia to build a messenger RNA (mRNA) vaccine manufacturing plant in Victoria. According to the US biotech company, the planned framework will lay the foundation to help Australia get direct access to rapid response capabilities to pandemics as well as to gain access to […]
