Fredon Contract Awards
| Stock | NRW Holdings Ltd (NWH.ASX) |
|---|---|
| Release Time | 5 Dec 2025, 9:34 a.m. |
| Price Sensitive | Yes |
NRW Holdings Secures $150M in Data Centre Contracts
- Fredon, a wholly owned subsidiary, wins four data centre contracts
- Contracts include electrical, mechanical, and design work across Victoria, Brisbane, and NSW
- Demonstrates Fredon's expertise in the growing data centre market
NRW Holdings Limited (ASX:NWH) has announced that its wholly owned subsidiary Fredon has secured a number of data centre contracts with a combined value of approximately $150 million. These contracts include an electrical package of works on a data centre located in Victoria, a mechanical (HVAC) package of works on a large data centre in Victoria, an electrical package of works on a data centre in Brisbane, and an ECI order for the Design of Mechanical and Electrical services to a NSW Data Centre. Fredon CEO, Scott Olsen, stated that these contract awards 'cement Fredon's reputation as a key provider of services to the data centre market in Australia and demonstrate the breadth of skills and services that the Fredon Group can provide'. NRW's CEO, Jules Pemberton, commented that the announcement is 'particularly pleasing as it relates to Fredon' and 'demonstrates the strength of Fredon in the expanding Data Centre market segment'. Pemberton also noted that Fredon currently has a pipeline of approximately $1.5 billion in submitted tenders.
The announcement highlights Fredon's expertise in the growing data centre market and its ability to provide a wide range of services, including electrical, mechanical, and design work. The $150 million in contract awards and $1.5 billion pipeline demonstrate the company's strong position in this sector.