Latest Electrical Services News

Synertec Corporation has won operational technology contracts exceeding $1 million with Sydney Water, marking a significant step in its national expansion within Australia's water infrastructure sector.

Southern Cross Electrical Engineering reported a strong half-year EBITDA growth of 30.8% despite a $46.1 million legal settlement impacting net profit. The company raised its full-year EBITDA guidance amid a robust project pipeline and ongoing diversification.

Ventia Services Group has extended its contract with Transpower New Zealand to continue delivering specialist electrical services across the national grid, locking in NZ$160 million in revenue through 2029.

AGL Energy reported a 42% drop in statutory profit for the half-year ended December 2025, despite a modest revenue decline and growth in customer services. The company declared a higher interim dividend, underscoring confidence amid operational challenges and a strategic pivot to renewables.

BSA Limited reported a mixed Q2 FY2026 with improved EBITDA margins and completed restructuring, yet faces ongoing risks from lost contracts and uncertain second-half profitability.

Mercury NZ Limited reported a robust quarter with high hydro inflows driving down electricity prices and the commissioning of a new geothermal unit set to enhance generation capacity.

Fredon, a subsidiary of NRW Holdings, has landed approximately $150 million in new contracts for data centre electrical and mechanical works across Victoria, Brisbane, and NSW, reinforcing its foothold in Australia’s growing data centre sector.

Synertec Corporation reported resilience in FY25 despite sector headwinds, with a strong rebound in engineering profits and a 90% revenue jump in its renewable Powerhouse technology.

Monadelphous has reported a record-breaking year with $2.3 billion in new contracts and a strong financial performance, underpinned by strategic acquisitions and growth in energy transition sectors.

Monadelphous Group Limited reported a robust FY25 with record contract wins and a 30% revenue surge, setting the stage for continued growth in FY26. The company’s strategic acquisitions and energy transition focus underpin its optimistic outlook.

SKS Technologies reported a remarkable doubling of profit in FY25, driven by strong organic growth and a strategic acquisition that positions it for rapid expansion in Australia's largest data centre market.

SRJ Technologies has partnered with CAPSA Engineering in a $23.8 million joint venture to deliver critical electrical asset integrity services for a Middle Eastern National Oil Company, marking a major step in its regional expansion.