Boom Logistics wins $18 million Narrogin Wind Farm contract
Boom Logistics Limited (ASX: BOL) has been awarded a contract for works at Neoen’s Narrogin Wind Farm in Western Australia, through the UGL & CPB Joint Venture (“NGJV”). Revenue from the contract is expected to generate $18 million over a 35-week period.
NGJV has engaged Boom for the provision of Wet Hire Crane Services to assist with the installation of key components relating to the Wind Turbines, supplied by Envision Energy. The announcement was released on 8 October 2026.
According to Managing Director and Chief Executive Officer Lester Fernandez, the project launches Boom’s FY27 wind division revenue. The announcement does not disclose a margin, profit or EBITDA contribution for the contract.
Key contract facts from the announcement:
- Customer: UGL & CPB Joint Venture (NGJV), for Neoen’s Narrogin Wind Farm
- Expected revenue: $18 million
- Duration: 35 weeks
- Location: Near the towns of Narrogin and Williams, Western Australia
- Service type: Wet Hire Crane Services
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Inside Neoen’s 179 MW Narrogin Wind Farm
Project snapshot
The Narrogin Wind Farm is a renewable energy project near the towns of Narrogin and Williams in Western Australia. The table below summarises the project details stated in the announcement.
| Fact | Detail |
|---|---|
| Project owner | Neoen |
| Capacity | 179 MW |
| Turbines | 23 EN182-7.8 MW wind turbines |
| Turbine supplier | Envision Energy |
| Location | Near the towns of Narrogin and Williams, Western Australia |
What wet hire crane services involve
Wet hire generally means a crane is supplied together with an operator and crew, rather than as equipment alone. Heavy lifting is central to installing wind turbine components, which are large and must be positioned precisely.
For investors, specialised lifting capacity can act as a barrier to entry in wind construction, as not every contractor can supply the equipment and crews such work requires. The announcement does not disclose the number of cranes to be deployed or the contract start date.
Strategic significance for Boom’s wind division
Management view
Mr Fernandez linked the contract to Boom’s strategic direction and to future work with the joint venture partners.
Lester Fernandez, Managing Director and Chief Executive Officer
“Supporting Neoen’s Narrogin Wind Farm project aligns with Boom’s strategic direction to assist in the build out of renewable power sources for Australia’s energy transition.”
He said works on the project “will help form the basis to develop a strong relationship with CPB & UGL for future wind projects.” No further contracts have been announced.
Boom’s FY26 full year results showed underlying NPAT rising 38% to $12.8 million, with free cash flow up 83%, giving the company a stronger earnings base from which to pursue new wind work.
Investment thesis
Three takeaways follow from the announcement:
- Contracted revenue visibility: Revenue of $18 million is expected over 35 weeks.
- Renewables positioning: The work aligns with Boom’s stated strategic direction in Australia’s energy transition.
- Potential repeat work: Management has stated an intent to build a relationship with CPB and UGL for future wind projects.
Boom describes itself as Australia’s leading provider of complex lifting and project logistics solutions, supporting infrastructure, renewable energy and resource projects.
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