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GenusPlus Secures $65 Million Maintenance Contract with Western Power

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GenusPlus Secures $65 Million Maintenance Contract with Western Power

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GenusPlus Group Ltd. ( (AU:GNP) ) has issued an announcement.

GenusPlus Group Ltd has secured a significant order to deliver maintenance and upgrade works for Western Power, a state-owned corporation managing the South West Interconnecting System (SWIS) electricity network in Western Australia. This contract, expected to generate approximately $65 million in revenue for FY2026, involves various maintenance services across the SWIS, enhancing GenusPlus’s longstanding relationship with Western Power and supporting the reliable delivery of electricity to over 2.3 million customers.

The most recent analyst rating on (AU:GNP) stock is a Buy with a A$2.70 price target. To see the full list of analyst forecasts on GenusPlus Group Ltd. stock, see the AU:GNP Stock Forecast page.

More about GenusPlus Group Ltd.

GenusPlus Group Ltd is a specialist provider of power and communications infrastructure and services across Australia. The company designs, builds, and maintains electrical transmission and distribution networks, substations, and battery systems, enabling the integration of new generation technology into traditional networks. GenusPlus also delivers scalable communication network solutions, including network design and infrastructure, supported by real-time network management expertise.

Average Trading Volume: 236,744

Technical Sentiment Signal: Buy

Current Market Cap: A$693.7M

For an in-depth examination of GNP stock, go to TipRanks’ Overview page.

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