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GenusPlus Group Ltd. ( (AU:GNP) ) has provided an announcement.
GenusPlus Group Ltd has been awarded additional work under its contract with Western Power for the Clean Energy Link – North project, valued at approximately $50 million. This project aims to enhance the transmission network capacity in Western Australia to support renewable energy integration. Additionally, GenusPlus secured a $25 million contract for the Network Renewal Underground Power Pilot project, further strengthening its partnership with Western Power and reinforcing its position in the power infrastructure industry.
The most recent analyst rating on (AU:GNP) stock is a Buy with a A$6.00 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 offers scalable communication network solutions, including network design and infrastructure management.
Average Trading Volume: 294,332
Technical Sentiment Signal: Buy
Current Market Cap: A$1.11B
For a thorough assessment of GNP stock, go to TipRanks’ Stock Analysis page.