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Gamuda Wins RM1.8 Billion River Solar Project In Australia

Business Today ·  Dec 16 12:52

$GAMUDA (5398.MY)$  through its wholly-owned subsidiary in Australia, DT Infrastructure, has announced that it has been awarded the AUD625 million (approximately RM1.8 billion) contract by Lightsource bp Renewable Energy Investments Limited (Lightsource bp) to deliver Goulburn River Solar Farm project in the Upper Hunter region of New South Wales (NSW), Australia.

Goulburn River's 585 MWp capacity is the first solar farm project to be delivered by Gamuda under the DT Infrastructure brand in Australia. The scope of works for this engineering, procurement and construction project includes civil, structural and electrical infrastructure required for the solar farm.

In a statement today, the group said: "The Goulburn River project is a fantastic example of New South Wales continuing its significant investment in renewable energy, aligning with the Australian Government's target of achieving 82 percent renewable energy in the nation's electricity grids by 2030. We are delighted to be partnering with Lightsource bp on the Goulburn River solar farm. We look forward to contributing our expertise to delivering best-in-class renewable energy solutions and driving
positive outcomes for the local community, the energy sector, and Australia's carbon reduction targets."

Once operational, the solar farm will generate enough renewable energy to power approximately 225,000 homes. It is expected to reduce carbon emissions by 910,000 tonnes each year, significantly supporting Australia's sustainability goals.

Site access date for Goulburn River Solar Farm project is expected to commence by January 2025. Gamuda has been making strong strides in Australia's renewable energy market. In September 2024, the group was awarded the RM702 million (AUD243 million) Boulder Creek Wind Farm project in Queensland under DT Infrastructure. While its Gamuda Engineering Australia arm, in a joint venture with Ferrovial Construction signed an Early Contractor Involvement (ECI) agreement in November 2024 with Alinta Energy for the multi-billion-dollar Oven Mountain Pumped Hydro Storage project in NSW.

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