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Monadelphous Group Limited (ASX:MND)
ALERT: Price-sensitive ASX Announcement for MND
Current share price for MND : $29.150 -1.56 (-5.08%)+
Release
5 Jun 2026 8:17AM
Price at Release
$30.710
Full Release
Summary
Monadelphous Group Limited announced the award of a significant construction contract with CS Energy for the Brigalow Peaking Power Plant near Chinchilla, Queensland. The contract is valued at approximately $380 million and involves the construction and installation of 12 aeroderivative gas turbine generator units totaling 400 megawatts. The project, commencing in the second half of 2026, aims to enhance power reliability and support renewable energy initiatives. Monadelphous plans to employ around 300 people during peak construction, underlining its commitment to local community engagement and Australia's energy transition. Monadelphous is recognized for its expertise in delivering large-scale energy projects.
Key Points
- Monadelphous secures major contract with CS Energy.
- Contract involves Brigalow Peaking Power Plant construction.
- Valued at approximately $380 million.
- Includes installation of 12 gas turbine units.
- Project enhances power system reliability.
- Construction begins in second half of 2026.
- Supports local employment with 300 workforce.
- Reinforces Monadelphous' role in energy transition.
- Expected completion by early 2029.
- Focus on supporting renewable energy integration.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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