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Reuters
Reuters
Business

Downer EDI wins NZ$320 million services contract in Australia

Infrastructure company Downer EDI Ltd <DOW.NZ> <DOW.AX> said on Monday that it had won a contract worth NZ$320 million ($215.65 million) to provide maintenance and restoration services for some networks and power systems in Australia.

The contract, from the Australian Government owned-NBN Co which operates wholesale broadband networks, begins in September and has a maximum term of eight years, the company said in a statement.

Downer will provide services including, network restoration and maintenance and urgent field service work across Western Australia, South Australia and the Northern Territory.

(Reporting by Yajush Gupta in Bengaluru; Editing by Kim Coghill)

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