Downer EDI Limited ( (AU:DOW) ) has shared an update.
Downer EDI Limited has secured a significant Electricity Field Services Agreement with Powerco, a New Zealand energy distribution company, valued at approximately NZ$600 million over 12 years. This contract, commencing on 1 July 2025, reinforces Downer’s position as a market leader in New Zealand’s utilities sector, highlighting its reliable performance and commitment to supporting sustainable energy solutions.
More about Downer EDI Limited
Downer EDI Limited is a leading provider of integrated services in Australia and New Zealand, focusing on delivering essential infrastructure services across various sectors such as roads, rail, power, gas, water, and telecommunications. The company employs over 26,000 people and operates in industries driven by population growth, urbanization, national security, and decarbonization.
YTD Price Performance: 1.96%
Average Trading Volume: 398
Technical Sentiment Signal: Sell
Current Market Cap: €2.14B
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