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NRW Holdings Limited (ASX:NWH)

ALERT: Price-sensitive ASX Announcement for NWH
Current share price for NWH : $6.970 1 (16.75%)+
Announcement
Release
17 Apr 2026 9:42AM
Price at Release
$5.970
Full Release
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Summary
NRW Holdings Limited announced that its subsidiary Fredon has won several significant contracts in the electrical and mechanical sectors, totaling approximately $160 million. These contracts include a major electrical package for a Commonwealth of Australia infrastructure project, a design and construct project for the Festival Towers in South Australia, and a mechanical contract for the Mt Barker Hospital Project. Fredon will also work on electric bus charging infrastructure in South Australia and Victoria. The awards highlight Fredon's proficiency in handling complex projects and its strategic focus on infrastructure and renewable sectors, showcasing growth since its acquisition by NRW Holdings Limited.
Key Points
  • Fredon has secured multiple contracts valued at approximately $160 million.
  • Fredon's contracts include a $110 million electrical package for a Commonwealth of Australia infrastructure project.
  • Additional contracts include a $23 million design and construct project for Electrical Services in the Festival Towers Project.
  • A joint venture involving Fredon secured a $24 million mechanical contract for the Mt Barker Hospital Project.
  • Fredon will also construct electric bus charging infrastructure in South Australia and Victoria.
  • NRW Holdings Limited is the parent company of Fredon.
  • Fredon is recognized for its capability in delivering complex projects across various sectors.
  • Fredon's expansion aligns with the increased demand for specialized electrical capabilities in infrastructure and renewables.
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.