Latest Utilities Sector News

Page 1 of 3
X2M Connect has secured over half a million Australian dollars in new and repeat water digitisation contracts in South Korea, driving strong early revenue growth in FY26. These deals expand the company’s footprint across thousands of households and highlight growing government adoption of IoT solutions.
Sophie Babbage
Sophie Babbage
10 Nov 2025
Pointerra Limited reported a stronger Q1 FY26 with nearly A$2 million in customer receipts and advancing AI-powered digital twin solutions across key sectors, setting the stage for improved cash flow and expanded market presence.
Sophie Babbage
Sophie Babbage
31 Oct 2025
GreenHy2 Limited has launched its PowerSafe Sodium-Ion Battery range tailored for Australian conditions, expanded into turnkey solar and battery solutions, and signed a strategic MOU with Skeleton Technologies to explore advanced energy storage in Australia.
Maxwell Dee
Maxwell Dee
29 Oct 2025
ikeGPS has reported a robust first half of FY26 with subscription revenue soaring 47%, a successful A$24 million capital raise, and inclusion in the ASX All Ordinaries Index, underscoring its expanding footprint in the US grid modernization market.
Sophie Babbage
Sophie Babbage
28 Oct 2025
AML3D Limited reported steady quarterly receipts alongside a landmark US Navy Letter of Intent and significant orders, underpinning a major growth phase in the US and Europe.
Victor Sage
Victor Sage
27 Oct 2025
Credit Clear Limited has agreed to acquire UK debt collector ARC Europe for A$10.9 million, backed by a $20.75 million institutional placement led by Chair Paul Dwyer. The deal aims to accelerate growth by integrating Credit Clear’s digital platform into ARC’s established UK operations.
Sophie Babbage
Sophie Babbage
22 Oct 2025
X2M Connect has secured a significant contract to digitise water meters for 6,750 Seoul households, marking a key step in the city's ambitious A$240 million smart metering initiative.
Sophie Babbage
Sophie Babbage
22 Sept 2025
Symal Group has agreed to acquire Queensland water contractor McFadyen Group for $11 million, boosting its capabilities and FY26 EBITDA guidance. The deal marks a strategic expansion into water infrastructure and utilities markets.
Nora Hopper
Nora Hopper
17 Sept 2025
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.
Maxwell Dee
Maxwell Dee
29 Aug 2025
Meridian Energy posted a significant net loss for FY25 due to severe droughts and gas shortages but pushed ahead with renewable investments and maintained shareholder dividends.
Maxwell Dee
Maxwell Dee
27 Aug 2025
Symal Group has outperformed its FY25 earnings forecasts, driven by strong project margins and strategic acquisitions, setting a robust foundation for FY26 growth.
Victor Sage
Victor Sage
25 Aug 2025
X2M Connect has successfully completed an oversubscribed capital raise, securing $5.4 million to strengthen its balance sheet and accelerate growth across Asia and the Middle East.
Sophie Babbage
Sophie Babbage
22 Aug 2025