• LOI executed with a major Australian energy operator
• Phase 1 project delivery approved
• Early works activities have begun
• Project scope and commercial pricing parameters agreed

Synertec Corporation Limited has announced the execution of a Letter of Intent (LOI) with a major Australian energy operator for Phase 1 of a significant operational technology and digital systems project. The LOI follows the completion of a competitive tender process and the signing of a comprehensive framework agreement in October 2025. Synertec has received approval to commence early works activities, including project mobilization, systems integration planning, and risk management, to ensure continuity of delivery activities. The parties are currently finalizing the definitive scope of works (SOW) and have agreed on project scope and commercial pricing parameters. The project is expected to be largely delivered over 2 years, with minor works completing in year 3.

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