• Genus, as part of the ACCIONA Genus JV, awarded AUD$1.6 billion contract by AusNet to construct the Western Renewables Link project
• The project will unlock large-scale renewable energy from the region, enabling more than 3,000 MW of new generation
• The project is expected to create hundreds of jobs during construction and deliver long-term advantages to regional communities

GenusPlus Group Ltd (ASX: GNP) (Genus or the Company), as part of the AGJV (ACCIONA 75%/Genus 25%), has been awarded a contract by AusNet to construct the Western Renewables Link, an essential transmission project that will assist in facilitating Victoria's renewable energy future. The construction contract value is approximately AUD$1.6 billion. Spanning approximately 190 kilometres, the Western Renewables Link will deliver a new 500 kV double-circuit transmission line from Bulgana in western Victoria to the Sydenham terminal station in Melbourne's North-West. The project will unlock large-scale renewable energy from the region, enabling more than 3,000 MW of new generation and powering up to one million Victorian homes. Genus with its Joint Venture partner ACCIONA will be responsible for all project construction activities, including detailed engineering and design, material and equipment supply, civil and electrical construction, and the proposed new terminal station near Bulgana. Beyond its technical scope, the project is expected to generate significant economic and community benefits; the Western Renewables Link will create hundreds of jobs during construction and deliver long-term advantages to regional communities, local industry and the broader Victorian economy.

The award underscores Genus' commitment to enabling Australia's energy transition and demonstrates the company's capability to deliver large-scale, complex energy infrastructure projects.