GenusPlus Group (ASX: $GNP) awarded major maintenance and upgrade works for Western Power

GenusPlus Group Ltd (ASX: $GNP) has been awarded a major program of maintenance and upgrade works for Western Power, a Western Australian State Government owned corporation responsible for building, maintaining and operating the South West Interconnecting System (SWIS) electricity network. The five-year agreement is expected to generate revenue of circa $50 million in its first year.

GenusPlus Group's Managing Director and Western Power's Executive Manager Asset Operations on the agreement

Genus Managing Director David Riches welcomed the opportunity to further extend the deep relationship with Western Power. 'We are delighted to extend our long relationship to help maintain strong and reliable electricity infrastructure for Western Power and its customers.' Western Power Executive Manager Asset Operations Zane Christmas said, 'Western Power looks forward to continuing its strong working relationship with Genus. This work and additional capacity will help ensure the delivery of existing and future work programs.'

GenusPlus Group's long-term agreement with Western Power and its impact

GenusPlus Group Ltd has been awarded a major program of maintenance and upgrade works for Western Power, which is expected to generate revenue of circa $50 million in its first year. The five-year agreement includes distribution and transmission overhead maintenance services across Western Power's network, covering pole replacements, reconductoring, cross arm and cross beam replacements, defect repairs, and line removal. This significant opportunity not only extends the deep relationship with Western Power but also contributes to maintaining strong and reliable electricity infrastructure for Western Power and its customers. The works will be delivered across Western Australia's SWIS, serving over 2.3 million customers. GenusPlus Group Ltd specializes in power and communications infrastructure and services, operating across Australia, and aims to support emerging networking solutions, meeting the demands of a carbon-neutral economy.