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GenusPlus Group Ltd (ASX: GNP) has secured a significant order from Western Power to deliver a large-scale maintenance and upgrade program across Western Australia's South West Interconnecting System (SWIS). This initiative is part of a five-year agreement formalised in July 2024 and is expected to generate approximately AU$65 million in revenue for FY2026. The work involves extensive transmission and distribution maintenance, including pole replacements, reconductoring, cross arm and beam replacements, and other key upgrades.
Genus will provide its services across the SWIS, which spans from Kalbarri to Albany and services over 2.3 million people. The project further strengthens Genus’ long-standing relationship with Western Power and underscores its role in supporting the reliability and efficiency of Western Australia’s electricity infrastructure. This engagement also highlights the company’s continued contribution to regional employment and the delivery of essential infrastructure supporting cleaner, more resilient energy systems across the state.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.