Posts Tagged ‘Downer EDI’

ASX Company News: Downer EDI Secures $142 million Instrumentation Contract

Wednesday, October 5th, 2011

Downer EDI Limited (DOW) announced that it had been awarded an electrical and instrumentation  contract valued at over $142 million for works in the Pilbara region, Western Australia, approximately 1,600 km from Perth.

The Chief Executive Officer of Downer, Grant Fenn, said Downer was pleased to be continuing its involvement in the delivery of large scale projects in the region.

“This win extends Downer’s position as the leading electrical and instrumentation provider in the west and demonstrates confidence in Downer’s ability to deliver on large scale projects”, Mr Fenn said.

Work will commence in late 2011 and is expected to be completed by second quarter 2013.

www.downergroup.com

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ASX Company News: Downer To Install Foxtel

Thursday, August 18th, 2011

Downer EDI Limited (DOW) announced it had signed a four year contract with FOXTEL to provide installation and maintenance services for FOXTEL’s satellite and cable customers in Adelaide, Brisbane, Melbourne and Sydney. The value of the contract is expected to exceed $200 million over the four years.

The Chief Executive Officer of Downer, Grant Fenn, said this new contract extended Downer’s long relationship with FOXTEL. “Downer remains committed to providing FOXTEL and its customers with excellent service through the scale of our operations, our service capability, quality and innovation,” Mr Fenn said. FOXTEL CEO Mr Kim Williams AM said: “Over the last four years Downer has partnered with FOXTEL to support FOXTEL’s on-going investment and innovation in a wide range of digital entertainment product initiatives that put our customer in control of their television viewing. “Under the new agreement Downer will offer customers even greater flexibility on installation times so that Australians can get FOXTEL’s great service installed when it better suits them,” added Mr Williams.

Downer EDI Limited provides comprehensive engineering and infrastructure management services to the public and private Minerals & Metals, Oil & Gas, Power, Transport Infrastructure, Communications, Water and Property sectors across Australia, New Zealand, the Asia Pacific region and the United Kingdom.

www.downergroup.com

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ASX Company News: Downer EDI Signed Agreement With Hewlett Packard

Sunday, July 31st, 2011

Downer EDI Limited (DOW) announced it had signed an IT Managed Services Agreement with Hewlett Packard (HP) to provide Downer with all its IT infrastructure needs over the next six years.

The Chief Executive Officer of Downer, Grant Fenn, said the agreement was signed after a rigorous tender process and would transform Downer’s IT infrastructure. “This agreement is a key enabler for the business going forward,” Mr Fenn said. “Downer currently has eight data centres, five data networks, 36 operating systems and a number of email systems. “Under this agreement with HP, we will move from the current fragmented and inefficient model to a single data centre, operating system and network. “This will reduce risk, improve performance and provide high quality support for our growing business needs. It will enable common systems and processes which support a single face to our customers and deliver cost savings as part of our Fit 4 Business program.

Downer EDI Limited provides comprehensive engineering and infrastructure management services to the public and private Minerals & Metals, Oil & Gas, Power, Transport Infrastructure, Communications, Water and Property sectors across Australia, New Zealand, the Asia Pacific region and the United Kingdom.

www.downergroup.com

http://www.traderdealer.com.au/fundamentals/dow

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ASX Company News: Downer EDI Secures Rail Car Contract

Thursday, July 21st, 2011

Downer EDI Limited (DOW) announced  that it had been awarded a contract, through a 50:50 joint venture with Bombardier Transportation Australia, with Western Australia’s Public Transport Authority (PTA) for the supply of passenger rail cars. The value of the contract is more than $160 million, of which Downer’s share is in excess of $80 million. Downer Bombardier will supply 15, three car, single-deck electric trains to grow the PTA’s existing B Series fleet. The trains will be manufactured at Downer’s facility in Maryborough.

The Chief Executive Officer of Downer, Grant Fenn, said today’s announcement builds on Downer’s strong and long standing relationship with the PTA. “Downer Bombardier has been supplying the PTA with trains since 1991 and we are very pleased to continue our partnership in order to provide essential services to the people of Perth and the state’s growing public transport network.”

Downer’s Rail division has over 100 years’ experience and is the leading provider and maintainer of passenger and freight rolling stock in Australia. The division’s broad range of capabilities and expertise includes passenger cars, locomotives, freight wagons and light rail. Downer EDI Limited provides comprehensive engineering and infrastructure management services to the public and private Minerals & Metals, Oil & Gas, Power, Transport Infrastructure, Communications, Water and Property sectors across Australia, New Zealand, the Asia Pacific region and the United Kingdom.

www.downergroup.com

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ASX Company News: Downer Secures $50 million Rio Contract

Thursday, June 30th, 2011

Downer EDI Limited (DOW) announced it had secured a contract for work at Rio Tinto Iron Ore’s (RIO) Warramboo infrastructure project in Western Australia valued at more than $50 million. The work involves earthworks, concrete works, road surfacing and bridge construction, electrical and communication works, as well as a diversion of the North West Highway near Warramboo, which is located 165 kilometres south of Karratha.

The Chief Executive Officer of Downer, Grant Fenn, said this was a significant contract win for Downer, being the first with Rio Tinto’s Expansion Projects Group. “This project demonstrates Downer’s ability to provide customers with comprehensive design and construct services for civil mine infrastructure including roads, bridges, buildings and utilities,” Mr Fenn said. The project is scheduled for completion in April 2012.

Downer EDI Limited provides comprehensive engineering and infrastructure management services to the public and private Minerals & Metals, Oil & Gas, Power, Transport Infrastructure, Communications, Water and Property sectors across Australia, New Zealand, the Asia Pacific region and the United Kingdom.

www.downergroup.com

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ASX Company News: Downer EDI To Participate In Christchurch Rebuild

Wednesday, May 4th, 2011

Downer EDI Limited (DOW) announced that it has signed an interim alliance agreement with the Christchurch Earthquake Recovery Authority (CERA), New Zealand Transport Agency (NZTA) and Christchurch City Council for the rebuilding of earthquake-damaged infrastructure in Christchurch. The alliance also includes Fulton Hogan, Fletcher Building, McConnell Dowell and City Care. The interim agreement, the details of which will be finalised over the next four months, covers the rebuilding of city roads, sewerage, water supply pipes and parks damaged in the recent earthquakes.

The Chief Executive Officer of Downer, Grant Fenn, said the alliance model had been chosen because it was an extremely large, complex and urgent infrastructure project. “The alliance is expected to undertake works valued at more than NZ$2 billion over five years,” Mr Fenn said. “Downer looks forward to working closely with the other members of the alliance to complete this important reconstruction work for the people of Christchurch.”

Downer EDI Limited provides comprehensive engineering and infrastructure management services to the public and private Minerals & Metals, Oil & Gas, Power, Transport Infrastructure, Telecommunications, and Water sectors across Australia, New Zealand, the Asia Pacific region and the United Kingdom.

www.downergroup.com

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ASX Company News: Downer Secures Another $200 million Of New Contracts

Tuesday, November 9th, 2010

Downer EDI Limited (Downer) announced it had secured further contract wins across the Group valued at approximately $200 million.   The Chief Executive Officer of Downer, Grant Fenn, said today’s announcement builds on recent significant contract wins across its key operating sectors.  “The volume of new work highlights the value of Downer’s service offering and the robustness of the company’s work pipeline,” Mr Fenn said.

Downer’s Consulting division has won over $40 million worth of work providing engineering consulting services in the resources, transport, water and building market sectors. These services include feasibility studies, technology solutions, process design and engineering, architectural design, quantity surveying, project and construction management and integrated facilities management.

Downer Blasting Services recently secured contracts with new clients to supply explosives and down-the-hole loading services, confirming the expertise the business offers to the resources sector.

In addition to recently announced road maintenance work for local and State authorities, the Works business has also secured contracts for the provision of civil works in Western Australia for two key mining companies and a major land developer, LandCorp.

In New Zealand, Downer has secured over NZ$150 million of work predominantly in the transport and water sectors for key government and local government customers, along with a major civil site works contract for BP Oil NZ.

“The contract wins in New Zealand are pleasing given the difficult market conditions and reflect our strong working relationships with our client base,” Mr Fenn said.

www.downergroup.com

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ASX Company News: Downer EDI Awarded Queensland Rail Upgrade

Thursday, October 28th, 2010

Downer EDI Limited (DOW) announced it has been awarded a contract valued at approximately A$190 million to expand and upgrade Queensland Rail’s fleet of high speed passenger tilt trains that service the Cairns to Brisbane rail corridor.

Downer has previously built tilt trains for Queensland Rail and has been a supplier to, and partner with, Queensland Rail for over three decades.  The two electric tilt trains currently servicing the Brisbane to Rockhampton route were designed and built in Downer’s Maryborough facility in the late 1990s. The two diesel tilt trains currently servicing the Brisbane to Cairns route were also designed and built by Downer about 10 years ago. All these tilt trains use Hitachi technology and are the fastest narrow gauge passenger trains in the world with a maximum speed of 160 kilometres per hour.

Under the new contract, Downer Rail will rely on these foundations to design and build a next generation diesel tilt train consisting of two power cars and twelve carriages. These new trains and carriages will incorporate Queensland Rail’s stringent safety standards and provide passengers with a new standard in long distance rail travel. In addition, the new contract involves Downer expanding the existing two-train fleet to include ten new carriages.

Downer Chief Executive Officer Grant Fenn said Downer Rail was the market leader in rolling stock solutions in Australia, with demonstrated expertise in both the passenger and freight markets. “Our Rail division designed and manufactured the two existing Queensland Rail Cairns to Brisbane tilt trains nearly 10 years ago and the new rail vehicles will also be manufactured at our Maryborough facility,” Mr Fenn said.

Downer EDI Limited is a major ASX listed company that provides comprehensive engineering and infrastructure management services to the public and private transport, energy, infrastructure, communications and resources sectors across Australia, New Zealand, the Asia Pacific region and the United Kingdom.

www.downergroup.com

http://www.traderdealer.com.au/Fundamentals/dow

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ASX Company News: Downer EDI Secures $300 million Rail Contract

Friday, October 15th, 2010

Downer EDI Limited (DOW)  announced approximately A$300 million in rail contract wins and extensions. Downer Managing Director and CEO, Grant Fenn, said these recent wins were particularly pleasing as the Group continues to deliver for its clients and builds its forward order book in a challenging market.

Pacific National has placed an order for 13 new standard gauge diesel electric locomotives to support their coal haulage services in New South Wales. Downer Rail will progressively deliver the new fleet beginning in 2011 with the last delivery by mid 2012. The rail infrastructure business within Downer’s Works division has been contracted by Australian Rail Track Corporation (ARTC) to undertake rail upgrade work. The works are part of the Federal Government’s Nation Building Rail Investment and will be carried out over two years. The works include track duplication projects across NSW and Victoria; re-railing of track on the north-south corridor between Albury and Geelong; signaling separation work between Enfield and Port Botany, NSW; and upgrade of rail lines at Geelong Port and Altona, Victoria. In addition, the rail infrastructure business has also been awarded an 18 month extension of the V1 Alliance with ARTC for rail track maintenance and infrastructure work in Victoria and southern New South Wales, which continues an alliance relationship spanning more than 10 years.

“The new contract for thirteen locomotives for Pacific National again highlights Downer’s leading position in design, technology and maintenance capability in the locomotive market,” Mr Fenn said. “We also continue to grow our below rail infrastructure business by delivering value and quality to our clients.”  Our competitive, service oriented approach and our commitment to safety continue to be recognised and are a key point of differentiation for our clients,” Mr Fenn said.

Downer EDI Limited is an Australian top-100 company that provides comprehensive engineering and infrastructure management services to the public and private transport, energy, infrastructure, communications and resources sectors, across Australia, New Zealand, the Asia Pacific region and the United Kingdom. In the rail sector, Downer EDI is a leading provider and maintainer of passenger and freight rolling stock in Australia and a key service provider in rail infrastructure maintenance and construction.

www.downergroup.com

http://www.traderdealer.com.au/Fundamentals/dow

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ASX Company News: Gindalbie Metals Contracts Downer EDI To Build Power Supply

Thursday, September 23rd, 2010

Gindalbie Metals Limited (GBG) is pleased to advise that more substantial progress has been made in the development of the $1.975 billion Karara Iron Ore Project, with the award of a $120 million contract to Downer EDI (DOW) for the construction of the key power transmission line .

Under the terms of the contract awarded by Karara Mining Limited, Downer EDI Engineering Power Pty Ltd will construct a 180km, 330kV power transmission line from the Karara Project to Eneabba. At Eneabba, the transmission line will connect to Western Power’s South West Interconnected Service, allowing Karara to draw power under its 15-year supply agreement with Verve Energy. Construction of the line has already commenced with Downer EDI completing the footings for more than 60 of the transmission line tower bases under an early works agreement.

Gindalbie Managing Director, Mr Garret Dixon, said Downer EDI was well placed to deliver Karara’s power transmission requirements with extensive experience in power line construction and a strong relationship with Western Power. The high voltage power line represents one of the key pieces of infrastructure investment – together with rail, water and port facilities – where additional capacity is being built into the Stage One project with a view to the potential future expansion of Karara’s production level.

Gindalbie Metals Ltd (GBG) is well advanced towards achieving its vision of becoming a leading independent Australian iron ore company with a diversified portfolio of magnetite and hematite production assets, located in the Mid West region of Western Australia. Gindalbie’s longer term growth will be propelled by the exploration and development of its extensive 1,900 sq km tenement portfolio, which includes numerous prospective magnetite and hematite exploration targets expected to deliver a long-term pipeline of growth opportunities.

AnSteel is currently China’s second-largest steel producer and the biggest iron ore miner. It is the major producer in the north- east region of China, with crude steel production of 35 million tonnes and plans to increase output to approximately 50Mtpa. AnSteel is considered to be one of the country’s key growth companies and has strong government support in securing new sources of long-term iron ore supply through international investment. AnSteel has developed a new integrated iron and steel making facility at Bayuquan, adjacent to the Port of Yingkou, approximately 100km south-west of its current steel making facilities in the city of Anshan. The new facility has the capacity to produce 6.5Mtpa of finished steel products. Once the Karara Project is in production, its products will be the key feed source for Bayuquan.

www.gindalbie.com.au

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