Synertec Corporation said that it has bagged a contract from Metro Trains Melbourne (MTM) and Rail Systems Alliance (RSA) pertaining to Melbourne’s new AUD 11 billion ($8.13) Metro Tunnel Project. Under the terms of the contract, the Australian engineering services company will deliver the advanced control and monitoring system (CMS) for the operation of the […]
ACCIONA has secured a contract for upgrading the Hurstbridge railway line in Melbourne, as part of the AUD$530 million (€343 million) Hurstbridge Line Duplication upgrade. The Spanish infrastructure company will be engaged in constructing a couple of new railway stations in Greensborough and Montmorency. ACCIONA will also be responsible for replicating nearly three kilometers of […]
Lamb Weston acquisition of Marvel Packers : US food processing company Lamb Weston has acquired Australian frozen potato processor Marvel Packers for an undisclosed price. Marvel Packers, which is a family-owned potato processing business, manufactures frozen french fries and potato products. The Australian frozen potato processor operates frozen potato processing and storage facilities located in […]
Energy acquisition news : EnergyAustralia has agreed to acquire Ecogen Energy, the owner of the 510MW Newport gas-fired power plant and the 440MW Jeeralang gas-fired power plant, for AUD 205 million ($157.38 million). The Australian power and gas utility will buy Ecogen Energy and its 950MW gas-fired power plants in Victoria from IFM Investors, an […]
Energy acquisition news : The Australian government has struck a deal worth more than AUD6 billion ($4.65 billion) with the New South Wales (NSW) and Victorian governments to buy out their stakes in Snowy Hydro, an Australian hydropower company. Snowy Hydro has a hydro power generation of 5,500MW, which includes the Snowy Mountains Scheme that […]