InvestSMART

GenusPlus Group Ltd (ASX:GNP)

ALERT: Price-sensitive ASX Announcement for GNP
Current share price for GNP : $9.440 3.23 (52.01%)+
Announcement
Release
17 Dec 2025 2:01PM
Price at Release
$6.210
Full Release
download
Summary
GenusPlus Group Ltd has announced the commencement of construction for the Ausgrid Hunter-Central Coast Renewable Energy Zone (REZ) sub-transmission line works, following the execution of the Project Deed between Ausgrid and the Energy Corporation of New South Wales. The project includes demolishing existing 132kV and 66kV sub-transmission lines and constructing approximately 110 kilometers of new lines. The total contract value is about $140 million, with early services delivered from December 2024 to February 2026 and construction beginning in February 2026, expected to be completed by Q1 2028.
Key Points
  • Contract awarded to GenusPlus Group by Ausgrid for REZ sub-transmission line works.
  • Project value approximately $140 million, including early services and construction.
  • Construction to commence in February 2026 and complete in Q1 2028.
  • Project involves demolition of existing lines and construction of approximately 110 kilometers of new lines.
  • Execution of Project Deed between Ausgrid and Energy Corporation of New South Wales completed.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.