Latest Infrastructure Services News

Ventia Services Group has secured a significant $100 million contract to provide Whole-of-Government cleaning services across Western Sydney, reinforcing its long-term partnership with the NSW Government and commitment to local economic growth.

Downer EDI Limited has been named preferred contractor for four major New Zealand state highway maintenance contracts, securing an estimated NZD 870 million in revenue over initial contract periods starting May 2026.

WestStar’s subsidiary SIMPEC has landed a $4.5 million contract to modify Fortescue’s Solomon Power Station, supporting the energy giant’s transition to renewables in the Pilbara.

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.

AVADA Group’s CEO Donald Montgomery outlined a year of operational consolidation and transformation at the 2025 AGM, reporting significant safety improvements and early signs of revenue growth in 2026 despite ongoing market challenges.

AVADA Group reported a 10.5% revenue decline in FY2025 amid operational consolidation and leadership changes, while conducting a strategic review of its New Zealand operations. Despite setbacks, the company remains cautiously optimistic about future growth.

MCS Services Limited reported a $644k cash outflow from operations in Q1 2025 while lodging multiple traffic management tenders and exploring growth strategies. The company continues to consider selling its Traffic Business subsidiary, Highways Traffic Pty Ltd.

TotalEnergies has lifted the force majeure on the $20 billion Mozambique LNG project, signaling a full restart after 4.5 years. RBR Group, uniquely positioned as the only ASX-listed company with direct exposure, stands to benefit from the surge in workforce and infrastructure demand.

SRG Global has agreed to acquire marine infrastructure leader TAMS for $85 million, aiming to enhance its recurring revenue and expand its market footprint. The deal is expected to deliver a 25% EPS accretion in FY26, marking a strategic step in SRG’s growth trajectory.

SRG Global has agreed to acquire Total AMS Pty Ltd (TAMS), a leading marine infrastructure services provider, for $85 million, significantly enhancing its revenue and earnings profile for FY26.

Ventia Services Group has secured a substantial $935 million contract to provide clothing services to the Australian Defence Force, marking a significant expansion of its defence sector presence.

Avada Group Limited has adjusted its FY25 financial results following audit finalisation, increasing its income tax benefit and reclassifying borrowings, while confirming a strong financial position.