Business

GenusPlus secures extra $50m on Western Power project

Summary:

ASX-listed infrastructure specialist GenusPlus Group secured an additional AUD $50 million contract extension from Western Power to upgrade critical electricity networks across Western Australia. This expansion to their existing framework agreement reinforces GenusPlus’ position as a key contractor for essential power grid modernization efforts addressing growing energy demands and renewable integration challenges. The project directly supports state government targets for 85% renewable energy generation by 2030 while enhancing grid reliability amid increasing extreme weather events.

What This Means for You:

  • Investors: Monitor GenusPlus (ASX:GNP) performance amid AU$520M+ active contracts and expanding energy transition contracting backlog
  • Contractors: Review Western Power’s procurement portal for upcoming subcontracting opportunities in regional infrastructure programs
  • Residents: Prepare for scheduled outages during staged infrastructure replacements (check Western Power’s outage map)
  • Policymakers: Anticipate increased contractor competition for skilled labor as multiple state renewable projects accelerate

Original Post:

Listed contractor GenusPlus Group has picked up an additional $50 million of work under its contract with Western Power to deliver a major power infrastructure upgrade project.

Extra Information:

People Also Ask About:

  • Q: What is the purpose of Western Power’s infrastructure upgrades?
    A: To increase network capacity for renewable energy connections and improve bushfire resilience in regional Western Australia.
  • Q: How does GenusPlus Group fit into Australia’s energy transition?
    A: As a tier-1 contractor specializing in transmission infrastructure, they install critical renewable integration assets like substations and spur lines.
  • Q: What percentage of Western Power’s network is being upgraded?
    A: Approximately 1,200km of powerlines and 300 substations are being modernized under current 5-year plans.
  • Q: Are these contracts subject to local content requirements?
    A: Yes, WA government mandates prioritize local contractors and suppliers for infrastructure projects over AUD $20 million.

Expert Opinion:

“This contract extension signals two critical trends,” observes infrastructure analyst Dr. Evelyn Tan. “Firstly, accelerated renewable integration is forcing faster power grid hardening. Secondly, specialized contractors like GenusPlus who deliver turnkey engineering-procurement-construction solutions are gaining pricing power in constrained labor markets. These framework agreements now account for 60% of major energy infrastructure deals nationally.”

Key Terms:

  • Western Power infrastructure upgrade contracts
  • Renewable energy grid integration Australia
  • GenusPlus Group ASX contract wins
  • High-voltage powerline construction contractors WA
  • Energy transition infrastructure investment Australia
  • Substation modernization projects Western Australia
  • Electricity network resilience upgrades AUD



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