Leading national mining and civil contractor NRW Holdings (ASX: NWH) says its wholly owned subsidiary Fredon has secured a number of data centre contracts with a combined value of about $150 million.
These contracts include:
- an electrical package of works on a data centre located in Victoria. This package is an additional scope of work at a site where Fredon is already contracted to deliver more than $50 million of electrical services and will continue Fredon’s role on the site for at least an additional 12 months.
- a mechanical (HVAC) package of works on a large data centre in Victoria. This new contract is a testament to the strength of the Fredon mechanical business in Victoria. The project will run for the next 12 months.
- an electrical package of works on a data centre in Brisbane. The package of works is also an extension of an early works package that Fredon commenced in April and will see works on the project being undertaken over the coming 18 months.
- an ECI order for the Design of Mechanical and Electrical services to a NSW data centre, with works to be completed by early next year. Subject to the successful completion of the design works Fredon will then complete the construction works for the project.
“The award of these four contracts cements Fredon’s reputation as a key provider of services to the data centre market in Australia and demonstrates the breadth of skills and services that the Fredon Group can provide,” Fredon CEO Scott Olsen said.
NRW CEO Jules Pemberton added:
“While it is always good to announce when companies in the group win new work, this announcement is particularly pleasing as it relates to Fredon.
“It demonstrates the strength of Fredon in the expanding data centre market segment and reinforces the diversification in both service offering and market exposure that this successful acquisition has brought to NRW.
“Additionally, Fredon currently has a pipeline of approximately $1.5 billion in submitted tenders.”
