GenusPlus Group Ltd. (AU:GNP) has released an update.
GenusPlus Group Ltd has secured a significant five-year maintenance and upgrade contract with Western Power, which is expected to generate around $50 million in revenue for the first year. The contract will see GenusPlus providing a suite of services, including overhead maintenance and infrastructure upgrades, across Western Australia’s SWIS network, which serves the majority of the state’s population. This deal not only strengthens GenusPlus’s longstanding relationship with Western Power but also reinforces its commitment to supporting robust and reliable electricity infrastructure.
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