NRW Holdings Ltd Announces New Fredon Contracts
Key points
- Fredon secures $120M in new contracts
- Major contracts include Lend Lease data center and Bunbury Hospital
- Projects span Victoria and Western Australia
- Diverse range of infrastructure projects awarded
Full summary
NRW Holdings Limited (ASX: NWH) announced that its wholly-owned subsidiary, Fredon, has secured multiple contracts across Victoria and Western Australia, totaling approximately $120 million. The contracts include an additional $69 million for an electrical package for Lend Lease's data center in Victoria, increasing Fredon's total contract value to $155 million. Another significant contract is a $26 million electrical and communications package for the Bunbury Hospital Redevelopment in Western Australia, expected to complete around April 2028. Fredon will also deliver a $16 million package for the University of Western Australia Nedlands Student Accommodation project, and a $10 million electrical and security package for the 609 Wellington Street Purpose Built Student Accommodation project in Perth.
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