Monadelphous JV Zenviron secures Wind Farm contract

Company News

by Rachael Jones

Zenviron, in an incorporated joint venture in which Monadelphous Group (ASX:MND) is a shareholder, has secured the Lal Lal Wind Farm contract.

A consortium of Zenviron and Vestas – Australian Wind Technology -a global leader in wind energy solutions, has been awarded a contract for the delivery of the Farms in regional Victoria.

They will deliver engineering, procurement, construction and commissioning of BoP works, while Vestas will supply and install the wind turbines.

Early engineering works have been completed and construction is underway, with plans for the Lal Lal Wind Farms to be fully operational by the second half of 2019.

Shares in the Monadelphous Group (ASX:MND) are up 1.45 per cent to $14.29. 
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.