SRG Global's $125m contracts across Australia

SRG Global Ltd (ASX: $SRG) has secured $125m worth of contracts across Australia in the renewable energy, resources, and energy sectors. The contracts include a six-year term contract with Rio Tinto, an asset integrity services contract extension with Origin Energy, a specialist structural design and construct contract with Snowy Hydro Limited, and an initial infrastructure contract with BHP Iron Ore.

Executive Commentary on Contract Awards

We are pleased to secure these diverse range of contracts across Australia through established relationships with Tier 1 clients across Australia. I am particularly pleased that the combined offering of our up-front capabilities of our Asset Care business combined with the back-end execution of our Asset Maintenance team continues to gain traction with our clients. SRG Global continues to go from strength to strength, underpinned by our strong growth profile and recurring earnings base approaching 80% of our overall earnings which is in line with our long-term strategy.

Summary of SRG Global's Contract Awards

SRG Global Ltd (ASX: $SRG) has announced the securing of $125m worth of contracts across Australia in the renewable energy, resources, and energy sectors. The contracts include a six-year term contract with Rio Tinto, an asset integrity services contract extension with Origin Energy, a specialist structural design and construct contract with Snowy Hydro Limited, and an initial infrastructure contract with BHP Iron Ore. The company's Managing Director, David Macgeorge, expressed satisfaction with the diverse range of contracts secured and highlighted the company's strong growth profile and recurring earnings base approaching 80% of the overall earnings, aligning with their long-term strategy.