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Southern Cross Electrical Engineering Ltd (ASX:SXE)
ALERT: Price-sensitive ASX Announcement for SXE
Current share price for SXE : $4.550 2.14 (88.80%)+
Announcement
Release
19 Dec 2025 8:22AM
Price at Release
$2.410
Full Release
Summary
Southern Cross Electrical Engineering Limited (SCEE Group) announced receiving awards totaling $90 million across various sectors, including renewable energy, education, and water. A significant project includes the Steel River East Battery Energy Storage System in New South Wales, which is part of PLUS Grid Storage Partnership's initiative to develop grid-scale BESS sites across the distribution network. The Steel River East project is expected to complete by mid-2027. Additional awards involve educational projects in the ACT, such as new and expanded school facilities, and a water supply project in Mount Morgan, Queensland.
Key Points
- SCEE Group receives $90m in awards across renewable energy, education, and water sectors
- Steel River East Battery Energy Storage System project announced in NSW
- Project forms part of a grid-scale BESS initiative
- Expected completion of Steel River East project by mid-2027
- Awarded contracts for school projects in ACT including Bungendore High School and Second College Gungahlin
- Mount Morgan Water Supply Project involves electrical works in Queensland
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.
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