Latest Utilities Sector News

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ikeGPS Group Limited reported a 33% surge in subscription revenue to NZ$19.2 million for FY26, driven by AI-powered product innovation and expanding adoption among North American utilities. The company achieved positive underlying EBITDA in March and ended the year with NZ$33 million cash and no debt.
Sophie Babbage
Sophie Babbage
30 June 2026
Aerometrex has secured two lucrative off-the-shelf data contracts worth AUD 1.07 million from AI innovators Zeromatter Technologies and Neara, underscoring its growing role as a key provider of spatial datasets for AI training.
Sophie Babbage
Sophie Babbage
17 June 2026
Service Stream has locked in $455 million worth of new contracts, including a $405 million nine-year deal with Yarra Valley Water and $50 million in power station outage works in Queensland, boosting its infrastructure services footprint.
Maxwell Dee
Maxwell Dee
18 May 2026
Pointerra Limited delivered a 214% jump in Q3 FY26 customer receipts to A$2.2 million, driven by milestone invoicing and new Tier 1 utility contracts, edging closer to operating cashflow breakeven.
Sophie Babbage
Sophie Babbage
30 Apr 2026
Barramundi Limited’s portfolio took a heavy hit in Q1 2026, with a 15.4% adjusted NAV decline amid AI disruption anxieties and geopolitical tensions. The fund responded by trimming tech holdings and adding miners BHP and Rio Tinto, betting on copper demand and scale advantages.
Claire Turing
Claire Turing
28 Apr 2026
Pointerra has landed a three-year, A$0.4 million deal with Western Power to roll out its Pointerra3D digital twin platform across transmission substations in Western Australia, marking a significant foothold in the domestic energy utility sector.
Maxwell Dee
Maxwell Dee
14 Apr 2026
AML3D has successfully commissioned a large-scale ARCEMY X 6700 metal 3D printer at US defence supplier FasTech, completing a $1.7 million order and signalling a strategic expansion in the US industrial manufacturing market.
Victor Sage
Victor Sage
1 Apr 2026
Contact Energy Limited has updated its dividend announcement, confirming an ordinary dividend of NZD 0.16 per share and a supplementary dividend for non-New Zealand residents, payable in March 2026 with a full Dividend Reinvestment Plan.
Maxwell Dee
Maxwell Dee
12 Mar 2026
Etherstack has reported a record-breaking 70% revenue increase in FY25, driven by major contracts and strong cashflow, and is poised for further robust growth in FY26.
Sophie Babbage
Sophie Babbage
30 Jan 2026
GenusPlus Group has raised its FY2026 EBITDA guidance by approximately 35%, driven by robust half-year results and recent contract wins across its Energy & Engineering and Services segments.
Maxwell Dee
Maxwell Dee
22 Jan 2026
Pointerra Limited reported a 30% increase in customer receipts to A$2.6 million and positive operating cashflows in Q2 FY26, driven by major contracts including a US$2 million DOE grant with Georgia Power. The company’s digital twin SaaS platform continues to expand across key sectors, positioning it for sustained growth.
Sophie Babbage
Sophie Babbage
21 Jan 2026
GenusPlus Group has locked in a substantial A$429 million revolving syndicated facility, tripling its previous credit line to fuel expansion in Australia’s power and communications infrastructure sector.
Maxwell Dee
Maxwell Dee
19 Dec 2025