Thursday, 22 June 2023

SRG Global secures $50 million contract with Water Corporation Western Australia

by Rose White

Diversified industrial services company SRG Global (ASX:SRG) has secured a specialist civil contract valued at around $50 million with Water Corporation Western Australia.

Under the contract, SRG will construct an ocean outfall transition tower, associated pipework, and other wastewater infrastructure assets. This contract will start immediately, and is expected to be complete in 2025.

Commenting on the contract, SRG Global Managing Director, David Macgeorge says: “We are pleased to continue our long standing relationship with Water Corporation, where we have a 20-plus-year history. This project showcases our specialist skillset as a trusted partner to deliver critical water infrastructure.

With over $1 billion of new contract wins since July, many of them long-term, SRG Global is in a period of significant momentum. Importantly, the contract wins are being achieved across a diversity of sectors and geographies, positioning SRG Global well for long-term, sustainable growth.”

SRG Global is a diversified industrial services company that specialises in engineering solutions for asset maintenance, mining services, and engineering and construction sectors.

Under its asset maintenance division, SRG provides integrated maintenance services, access solutions, industrial services, refractory, remediation services, and civil maintenance.

SRG’s mining services division provides production drill and blast services, specialist drilling services, and specialist geotech services. Additionally, the company’s engineering and construction division provides civil and infrastructure services, specialist facades, and concrete construction.

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