GenusPlus secures approximately $255 million in Western Power and Fortescue contract awards
GenusPlus Group Ltd (ASX: GNP) has secured a number of significant contract awards with Western Power and Fortescue, with an aggregate value of approximately $255 million. The company said the awards further strengthen its contracted project pipeline across the utilities and resources sectors.
The Western Power contracts are scheduled for delivery progressively through to early 2029, while the Fortescue contracts have planned completion in the fourth quarter of 2027. The announcement, dated 14 October 2026, does not disclose individual contract values, so the $255 million figure should be read as an aggregate.
Key points from the announcement highlights:
- GenusPlus has secured significant power infrastructure contracts with Western Power and Fortescue
- The awards include major transmission, distribution, maintenance and customer connection works in Western Australia
- The aggregate value of the contracts is approximately $255 million
- The Western Power contracts are scheduled for delivery progressively through to early 2029, and the Fortescue contracts have planned completion in the fourth quarter of 2027
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Western Power awards underpin delivery through to early 2029
Genus has been awarded contracts by Western Power for the Clean Energy Link – East project (CEL-E Project), transmission and distribution maintenance program packages, and a customer connection package associated with Waddi Wind Farm.
Clean Energy Link – East project
The CEL-E Project involves the design and construction of a major augmentation to an existing 330kV terminal. It is intended to increase transmission network capacity and support the connection and transport of renewable energy from Western Australia’s southern region.
The project is expected to be completed in early 2029.
Maintenance and Waddi Wind Farm packages
The transmission and distribution maintenance program packages comprise works across the South West Interconnected System and are currently scheduled to be completed by June 2027. The customer connection package forms part of the connection of Waddi Wind Farm to the South West Interconnected System in Western Australia’s Mid-West region.
That package includes the construction of a new 132kV substation and is currently scheduled to be completed by April 2027.
| Package | Scope | Scheduled completion |
|---|---|---|
| Clean Energy Link – East project | Design and construction of a major augmentation to an existing 330kV terminal | Early 2029 (expected) |
| Maintenance program packages | Transmission and distribution works across the South West Interconnected System | June 2027 (currently scheduled) |
| Waddi Wind Farm customer connection | Construction of a new 132kV substation | April 2027 (currently scheduled) |
The staggered timelines, running from April 2027 to early 2029, point to multi-year work visibility across the Western Power packages.
A comparable 330kV scope features in the Parron Maam Marang wind farm contract, where Genus is delivering a terminal, transmission lines and substation works at Badgingarra for Atmos Renewables.
Fortescue contracts support decarbonisation of iron ore operations
Genus has also been awarded two contracts for the design and construction of approximately 60 kilometres of power distribution infrastructure at Fortescue’s Christmas Creek and Solomon mine sites. The scope covers 33kV power distribution infrastructure, including approximately 425 poles, overhead line conductor, underground high voltage cable and associated hardware.
Peak onsite manning is expected to be approximately 100 personnel. Site access is to be gained in November 2026, with the works estimated to conclude in the fourth quarter of the 2027 calendar year.
Fortescue is committed to decarbonising its operations by eliminating Scope 1 and 2 emissions from its Australian terrestrial iron ore operations by the end of 2030. Its decarbonisation plan includes the development of green power generation and distribution.
The Fortescue work sits alongside a similar resources-sector win, the Rio Tinto Millstream Substation contract in the Pilbara, which was awarded under a Master Construction Agreement covering Rio Tinto’s wider iron ore footprint.
David Riches, Managing Director
“The awards reflect the strength of Genus’ capabilities in delivering critical power infrastructure across the utilities and resources sectors and build on our longstanding relationships with both customers.”
What are transmission and distribution infrastructure contracts?
Power infrastructure contracts cover the physical networks that carry electricity from where it is generated to where it is used. Three terms help separate the pieces:
- Transmission: the movement of high-voltage electricity over long distances.
- Distribution: the delivery of electricity to end users and sites.
- Substation: a facility that connects the two parts of the network.
Both types of work feature in the awards. The Waddi Wind Farm package involves a new substation to connect the wind farm to the grid, while the Fortescue contracts involve distribution infrastructure at two mine sites as part of the miner’s decarbonisation plan.
The announcement does not quantify future demand, but the projects span both the utilities and resources sectors.
Why the awards matter for the GNP investment case
The awards span two customer groups, with Western Power representing the utilities sector and Fortescue the resources sector. Management described its relationships with both customers as longstanding, and the awards build on them.
The announcement does not disclose revenue, margin or earnings expectations for the contracts, and individual contract values are not provided. Investors therefore have the approximately $255 million aggregate value and the delivery timelines as the main reference points.
GenusPlus Group Ltd is an end-to-end specialist service provider for essential power, rail and communications infrastructure, serving customers in the resources, energy, utilities, rail and communications sectors across Australia and New Zealand.
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