Latest Infrastructure News

Fredon, the electrical and mechanical arm of NRW Holdings (ASX:NWH), has secured $120 million in new contracts across Victoria and Western Australia, reinforcing its role in critical infrastructure projects.

Infratil posted an 11% rise in operational EBITDAF to NZ$989 million in FY26, fuelled by a record 555MW CDC data centre contract and a 170% EBITDAF jump at Longroad Energy. The company refined its portfolio with over NZ$600 million in divestments and secured a BBB+ credit rating, underpinning a strong FY27 outlook.

Infragreen Group Limited (ASX: IFN) forecasts a robust FY26 with underlying EBITDA rising to $22.5m-$25m and underlying NPAT surging over 270%, driven by solid performances in Energybuild and Pure Environmental. The company anticipates continued momentum into FY27, despite some short-term headwinds in Minemet and Merredin Energy.

The Takeovers Panel has refused to proceed with a disclosure dispute application related to Atlas Arteria’s off-market takeover bid and its handling of a right of first offer notice for the Chicago Skyway asset.

The Takeovers Panel has declined to find unacceptable circumstances in Diamond Infraco’s bid for Atlas Arteria, accepting ASIC relief and an undertaking that address concerns over the conditional price increase mechanism.

Dalrymple Bay Infrastructure Limited (DBI) forecasts an 8.1% increase in terminal infrastructure charges for TY-26/27, alongside an 8.5% uplift in distribution guidance, reflecting strong operational performance and ongoing capital investment.

Atlas Arteria reported a resilient 2025 with 9.3% EBITDA growth and steady toll revenue, while its Board unanimously urged investors to reject IFM’s unsolicited takeover offer, citing undervaluation and onerous conditions.

Diamond Infraco, backed by IFM Global Infrastructure Fund, has lodged a Takeovers Panel application alleging material disclosure deficiencies in Atlas Arteria's takeover bid documents, centering on governance rights tied to the Chicago Skyway asset.

The Takeovers Panel has declined Atlas Arteria’s bid to block Diamond Infraco from dispatching its takeover Bidder’s Statement, prolonging uncertainty over the contested offer.

NRW Holdings’ subsidiary has won a $200 million contract to upgrade Tonkin Highway in Perth, enhancing safety and easing congestion on a key transport corridor. Construction is set to begin in late 2026 with potential for additional works at Hale Road.

Transurban showcased the West Gate Tunnel’s technology and benefits as April traffic data revealed growth in Melbourne and Brisbane but a dip in Sydney. Commercial vehicle volumes surged, while North American toll prices climbed sharply in the March quarter.

Atlas Arteria has received an unsolicited takeover offer from IFM Investors valuing the company at A$4.75 per security, a modest premium to recent prices. The board advises securityholders to take no immediate action as conditions and approvals remain uncertain.