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Verbrec Limited (ASX:VBC)

ALERT: Price-sensitive ASX Announcement for VBC
Current share price for VBC : $0.195 0.025 (14.71%)+
Announcement
Release
25 Aug 2026 8:56AM
Price at Release
$0.170
Full Release
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Summary
Verbrec Limited announced that it has been awarded $16 million in new energy security contracts. This includes a $6.8 million agreement for the engineering, procurement, and construction of in-line inspection facilities on a Queensland gas pipeline, and another $7.2 million in contracts for pipeline, compression, and operations across Queensland, Northern Territory, Victoria, South Australia, and Western Australia. Furthermore, Verbrec's subsidiary, Alliance Automation, secured projects for electrical and cyber security services valued at $1.6 million. These contracts contribute to over $36 million in energy security project awards for Verbrec since the start of the financial year, reinforcing their role in supporting Australia's energy infrastructure. Verbrec also completed a Biomethane Potential Study for the Department of Primary Industries and Regional Development in Western Australia, underscoring its involvement in renewable energy developments.
Key Points
  • Verbrec awarded $16 million in new energy security contracts.
  • Engineering and construction of in-line inspection facilities on a Queensland gas pipeline valued at $6.8 million.
  • Contracts for pipeline, compression, and operations across multiple regions valued at $7.2 million.
  • Alliance Automation secured electrical and cyber security projects worth $1.6 million.
  • Over $36 million in energy security project awards since the start of the financial year.
  • Completion of Biomethane Potential Study for Western Australia's Department of Primary Industries and Regional Development.
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.