Leighton Wins Contract Extension With Western Power

April 7th, 2010

Thiess Services, a subsidiary of Leighton (LEI),  long-standing relationship with Western Power has been reaffirmed with the signing of a new performance-based contract, potentially worth up to an estimated value of $325 million over a maximum five year period, for the provision of electrical services. The agreement comprises an initial two-year period, and then three potential one-year extensions. The new contract will see Thiess Services work with Western Power to upgrade and maintain its electrical distribution network throughout metropolitan Perth and south-west regional Western Australia.

Thiess Services Executive General Manager, Michael Wright, said the new contract is a testament to the quality of service delivery, the commitment to safety and innovation, and the depth of expertise in the working relationship between Thiess Services and Western Power. “With the strength of our existing presence in Perth and the backing of our national electricity transmission and distribution capability, Thiess Services has the capacity to deliver a complete suite of distribution services to Western Power. We are excited about the incremental service enhancements and levels of innovation we can achieve together with this new contract arrangement in place,’’ Mr Wright said.

Thiess Services is a national leader in the electrical utilities sector and since 2005 has carried out maintenance upgrades and construction projects on the Western Power overhead and underground south west interconnected network. Thiess Services is a wholly owned subsidiary of Thiess Pty Ltd and has an annual turnover approaching $1 billion. The company provides integrated, cost effective and environmentally responsible services to government authorities, commercial, mining and industrial clients in a wide range of business sectors, including water, energy, contaminated site remediation, waste management, telecommunications, infrastructure operations and maintenance and facilities management.

www.thiess-services.com.au

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