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Mayfield Group Secures Major $20 Million Data Centre Contract

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Mayfield Group Secures Major $20 Million Data Centre Contract

The latest update is out from Mayfield Group Holdings Limited ( (AU:MYG) ).

Mayfield Group Holdings Limited has secured a significant $20 million contract to deliver 18 modular power distribution centres for a major data centre operator in Victoria, with delivery expected in 2026. This contract, along with additional contracts in other sectors, has increased Mayfield’s work-in-hand to $108 million, extending into the 2027 financial year, highlighting the company’s growth and commitment to its manufacturing and technology-driven strategies.

More about Mayfield Group Holdings Limited

Mayfield Group Holdings Limited operates in the electrical infrastructure industry, providing solutions that support Australia’s electrification and digitalisation efforts. The company focuses on delivering high-quality, scalable infrastructure solutions, particularly in the data centre sector, and serves various industries including mining, renewable energy, and government.

YTD Price Performance: 28.00%

Average Trading Volume: 63,345

Technical Sentiment Signal: Sell

Current Market Cap: A$89.86M

For detailed information about MYG stock, go to TipRanks’ Stock Analysis page.

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