Environmental Group Limited (AU:EGL) has released an update.
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The Environmental Group Limited (EGL) has announced a significant contract win for its subsidiary, Baltec IES, valued at $12.7M to upgrade a power plant for Engie Group in Australia, enhancing its operating flexibility and meeting stringent EPA noise requirements. The contract is expected to bolster Baltec IES’s strong performance, contributing to a total of $35M in contracts secured this year. EGL, with various business units focused on environmental protection, continues to innovate in air quality, carbon emission reduction, waste treatment, and water quality improvement.
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