NRW Holdings (ASX:NWH) announced a boost to its order book, with its wholly owned subsidiary, Fredon, securing five major electrical and mechanical contracts across Australia.
The combined value of the awards reaches approximately $160 million, spanning the infrastructure, health, and commercial sectors.
The largest individual win is a $110 million electrical package for a Commonwealth of Australia infrastructure project in Northern Australia, slated for completion in mid-2028.
In South Australia, Fredon’s footprint continues to expand with three distinct projects: a $23 million design and construct contract for electrical services at the Festival Towers—set to become Adelaide’s tallest commercial building—a $24 million mechanical joint venture for the Mt Barker Hospital, and a $5 million electric bus charging infrastructure project.
Additionally, the firm has been tasked with the full delivery of electrical systems for the Oakleigh Bus Depot in Victoria, scheduled for completion by the end of 2026.
Fredon CEO Scott Olsen noted that these wins reinforce the company’s capacity to manage complex technical requirements across diverse geographies.
NRW CEO Jules Pemberton echoed this sentiment, highlighting the successful integration of Fredon since its acquisition. Pemberton emphasised that the demand for specialised electrical capabilities remains robust, particularly within the renewables and infrastructure sectors.
At the time of reporting, NRW Holdings' share price was $6.03.