Verbrec Limited has announced over $20 million in new contracts spanning biogas engineering, cyber security, pipeline maintenance, mining technology, and water security, reinforcing its leadership in energy transition and sustainable mining sectors.
- Over $20 million in new contracts awarded in H1 FY2026
- Key projects in biogas feasibility, cyber security for energy storage, and pipeline operations
- Expansion of digital twin software licenses at BHP mining sites
- Sustained focus on sustainable mining and water security projects
- Contracts span Australia, New Zealand, and Papua New Guinea
A Strategic Win Across Core Transition Markets
Verbrec Limited (ASX, VBC) has revealed a significant haul of new contracts exceeding $20 million, awarded during the first half of fiscal 2026. These contracts underscore the company’s expanding footprint across its four core transition markets, Gas Market Transition, Electrification & Energy Storage, Sustainable Mining, and Water Security. The diversity and geographic spread of these projects, from Australia to New Zealand and Papua New Guinea, highlight Verbrec’s growing influence in engineering and technology services aligned with the global energy transition.
Driving the Biogas Revolution
Among the standout wins is a detailed feasibility study for a new biogas facility in Auckland, New Zealand. This project positions Verbrec as a trusted engineering partner amid New Zealand’s accelerating shift towards renewable gas solutions. The company’s prior involvement in the landmark Broadlands Biogas Upgrade project further cements its expertise in this sector. With New South Wales recently extending incentives for renewable gas, Verbrec is well poised to capitalize on similar opportunities in Australia’s evolving energy landscape.
Cyber Security and Operational Technology Expansion
Verbrec’s recent acquisition of Alliance Automation has opened new avenues in operational technology and cyber security. Alliance Automation is currently engaged in cyber security risk assessments and subsequent implementation work at large-scale battery energy storage systems in Queensland. These efforts not only comply with stringent regulatory frameworks but also pave the way for future contracts in the rapidly growing energy storage sector. The company’s work extends beyond energy, with similar cyber security projects underway in food production and mining operations.
Sustained Pipeline and Mining Operations
Verbrec continues to secure multi-year operations and maintenance contracts for critical gas pipelines in Queensland, including extensions for the Cheepie to Barcaldine pipeline and new contracts for Senex’s Mimas pipeline. These contracts provide a stable revenue base through fixed service fees complemented by reactive maintenance work. In mining technology, Verbrec’s digital twin software, StacksOn, received a 36-month license extension at BHP’s iron ore mines and ports in Western Australia, with potential for further expansion into other mineral sectors.
Supporting Sustainable Mining and Water Security
Verbrec’s growing involvement in copper mining is evident through projects at Olympic Dam and Prominent Hill, supporting critical energy infrastructure and operational readiness. The company’s expertise also extends to water security, with contracts for electrical and control system upgrades at SA Water and a major Queensland water utility. These projects enhance water treatment capabilities and safeguard supply for communities and defence sites, reflecting Verbrec’s commitment to sustainable resource management.
Outlook and Market Positioning
While individual contract values remain undisclosed and are considered non-material on their own, the aggregate value and strategic relevance of these awards signal strong momentum for Verbrec. The company’s integrated approach, combining engineering, digital transformation, and cyber security, positions it well to benefit from ongoing energy transitions and infrastructure modernization across the region.
Bottom Line?
Verbrec’s contract wins reinforce its role as a key enabler of Australia and New Zealand’s energy and mining transitions, setting the stage for sustained growth.
Questions in the middle?
- How will these contracts impact Verbrec’s revenue and profit margins in FY2026?
- What future opportunities might arise from the expanded cyber security engagements in energy storage?
- Can Verbrec leverage its digital twin technology to capture additional market share in mining software solutions?