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Gamuda Secures RM702 Million Contract From Aula Energy Australia

Business Today ·  Sep 27 01:15

Gamuda Berhad announced that it has been awarded to deliver construction works for a project in Australia by Boulder Creek Wind Farm Pty Ltd a special purpose vehicle and wholly owned subsidiary of Aula Energy Holdings Pty Limited worth AUD243 million.

The project will comprise 38 turbines, with a generating capacity of 228 MW (6 MW per turbine), and will bolster Queensland's efforts to reach its electricity generation target of 50% overall supply from renewables by 2030. The location of the Project is approximately 40km south-west of Rockhampton in Queensland, Australia. DT Infrastructure has been awarded the balance of plant for civil and electrical for the Project and will construct 41km of access tracks with grades up to 15% and
complete ~700,000m3 of cut/fill bulk earthworks. Gamuda said the turbine selected for use is the Cypress-146 which will be supplied by GE Vernova.

Aula Energy is an Australian-headquartered renewable energy business that develops, builds and operates onshore renewable energy projects across Australia with ambition to expand into New Zealand. It is the latest in Macquarie Asset Management's suite of specialist businesses in the renewable energy sector. Aula is developing a portfolio of approximately 4GW – enough to power 1.8 million homes across Australia. Aula Energy has been operating in Australia since 2023 and is involved in several renewal energy projects across Australia.

Meanwhile, CS Energy is a Queensland based energy company that provides power to some of the state's biggest industries and employers. It is fully owned by the Government of Queensland. CS Energy generates and sells electricity, is an energy retailer to commercial and industrial businesses, and invests in new energy technologies. CS Energy's portfolio includes thermal power stations, solar and wind energy, renewable hydrogen, and firming and storage. CS Energy employs almost
700 people who live and work in the Queensland communities where Gamuda operates.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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