Latest Utilities News

Duxton Water Limited has declared its 17th consecutive dividend increase at 3.72 cents per share, fully franked, while removing the discount on its Dividend Reinvestment Plan following a major debt repayment.

Service Stream Limited reported solid FY25 results highlighted by double-digit profit growth, a strengthened balance sheet, and a significant increase in contracted works, setting the stage for continued momentum in FY26.

APA Group has updated its dividend details for the half-year ending June 2025, confirming a 30-cent per unit distribution, partially franked, with a Dividend Reinvestment Plan and currency choices for investors.

Contact Energy’s 2025 Integrated Report reveals robust financial results driven by major renewable investments and the strategic acquisition of Manawa Energy, reinforcing its commitment to a net zero future by 2035.

AGL Energy Limited has announced a fully franked ordinary dividend of AUD 0.25 per share for the six months ending June 2025, reinforcing steady returns for shareholders.

APA Group has updated its dividend distribution details for the half-year ending June 2025, adjusting the NZD exchange rate and Dividend Reinvestment Plan share price, with payments scheduled for September.

GenusPlus Group has won an additional $60 million contract extension from Western Power, reinforcing its role in expanding WA’s renewable energy transmission network.

GenusPlus Group has secured a significant maintenance and upgrade contract with Western Power, expected to generate around $65 million in revenue for FY2026, reinforcing its role in Western Australia's electricity infrastructure.

TPC Consolidated Limited has extended critical deadlines for its acquisition scheme with Wollar Solar Holding, awaiting Foreign Investment Review Board approval. The move delays the scheme's completion but keeps the deal alive for now.

APA Group has announced an estimated ordinary dividend of AUD 0.30 per unit for the first half of 2025, accompanied by a Dividend Reinvestment Plan offering a 1.5% discount and currency payment choices.

Synertec Corporation has been appointed to Sydney Water’s SCADA and Electrical Services Panel, granting access to a significant pipeline of water infrastructure projects valued at $245 million over five years. This appointment strengthens Synertec’s foothold across Australia’s major water utilities.

TPC Consolidated Limited has extended the sunset date of its acquisition scheme with Wollar Solar Holding to June 30, 2025, as it awaits Foreign Investment Review Board approval. The extension underscores regulatory hurdles impacting the transaction timeline.