Verbrec secures over $20m in new contracts
| Stock | Verbrec Ltd (VBC.ASX) |
|---|---|
| Release Time | 18 Dec 2025, 10:41 a.m. |
| Price Sensitive | Yes |
Verbrec secures over $20m in new contracts
- Awarded over $20 million in new contracts across core transition markets and focus areas for growth
- Recognized as the engineering partner of choice for biogas developments in New Zealand and Australia
- Acquired Alliance Automation expands operational technology and cyber security capabilities
Verbrec Limited (ASX:VBC), a leading engineering, asset management, project delivery, operations & maintenance, industrial automation, digital transformation and mining technology service provider, has secured over $20 million in new contracts in H1 FY2026 across its core transition markets and focus areas for growth. The awarded contracts are a mix of individual and multi-year contracts across a range of sectors.Verbrec's engineering team has secured a project in New Zealand to deliver a detailed feasibility study for a new biogas facility, reinforcing the company's focus on the Gas Market Transition. Verbrec is also well-positioned to be an engineering partner of choice in the evolving energy landscape, having built a solid reputation in the biogas and biomethane sector.The acquisition of Alliance Automation has expanded Verbrec's operational technology and cyber security capabilities, with Alliance Automation securing a contract to conduct a cyber security risk assessment at a large-scale battery energy storage system (BESS) site in Queensland, reinforcing Verbrec's focus on Electrification & Energy Storage.Verbrec continues to be a trusted leader in pipeline engineering, operations and maintenance, securing contract extensions and new operations and maintenance contracts for gas pipelines in Queensland. The company also maintains its strong position in the Sustainable Mining sector, supporting major copper mining operations, and the Water Security sector, securing projects for utilities, mining, and defence.These contract awards across Verbrec's core transition markets and focus areas for growth demonstrate the company's strategic focus and execution capabilities.
Verbrec has secured over $20 million in new contracts across its core transition markets and focus areas for growth in H1 FY2026.