KUALA LUMPUR (Dec 16): Gamuda Bhd's (KL:GAMUDA) Australian subsidiary DT Infrastructure Pty Ltd has secured a A$625 million (RM1.8 billion) engineering, procurement and construction (EPC) job for the Goulburn River Solar Farm project.
In a filing with Bursa Malaysia on Monday, Gamuda said DT Infrastructure’s role in the project will include the civil, structural and electrical infrastructure required for the 585MW solar farm commencing Jan 1, 2025.
"Located in the Upper Hunter Region of New South Wales, the Goulburn River Solar Farm will provide a significant source of renewable energy to NSW (New South Wales) energy users," it said.
At 5pm, Gamuda shares shed 17 sen or 1.74% to RM9.60, valuing the group at RM27.24 billion.
The contract was awarded by Goulburn River Fund Pty Ltd, as trustee for the Goulburn River Trust, a special purpose vehicle and wholly owned subsidiary of Lightsource bp Renewable Energy Investments Ltd on Dec 16.
Lightsource bp, now fully owned by BP plc, delivers utility-scale solar projects to decarbonise energy systems and provide security of supply. Lightsource was formed in 2017 as a 50:50 joint venture with BP.
These projects also help facilitate regional prosperity through local economic growth. Lightsource bp’s portfolio include: