News Articles for Babylon Pump & Power

Babylon Pump and Power is hopeful of being able to enhance its earnings power on the back of news it has filed documents to acquire Bunbury-based Blue Hire.

Babylon Pump & Power says the Matrix acquisition will grow its water services business.

Our board moves wrap includes Les Guthrie, Matthew Goldfinch, Michael Kenyon, Mark Scatena, Michael Wedgwood, Russell Hardwick, David Coyne, Simon Gray, and Peter Hatfull.

Our board moves wrap includes Chris Radin, Sheila Khama, Stirling Ross, Gerry Kaczmarek, Tony Kiernan, Derek Humphry, Dale Richards, Nerida Schmidt, Patricia Farr, Simon Robertson, Susan Park, Peter Webse, ChongTao Xu, Andrew Taplin, Carol Marinkovich, Rowan Harland, Arron Canicais, David Lim, Andrew Woskett, Benjamin Donovan, and Shaun Menezes.

Babylon Pump & Power is set to buy Western Australian pump provider RBH Engineering in a $3 million deal to be finalised by the end of the month.

Our board moves wrap includes James Cullen, Michael Shelby, Sue-Ann Higgins, Andrew Kirk, Merrill Gray, and Imants Kins.

Our weekly appointments wrap includes Anka Burns, Shelley Gepp, Alex McGlue, Garth Tinsley, Clare Grieveson, Pip Close, Ken Edwards, Stephen Carroll, Srikrishnan Vaidyanathan, Harry Heng and Gary Credaro.

Our board moves wrap includes Steve Blower, Louise Bower, John Downes, Elizabeth Henson, Maurice Brand, David Palmer, Simon Poidevin, and Alan Cransberg.

Forrestfield-based Babylon Pump & Power has secured a three-year power generation and dewatering contract with BHP Nickel West.

A summary of last week's smaller deals that did not get included in our daily news coverage.

A summary of last week's smaller deals that did not get included in our daily news coverage.

A summary of last week's smaller deals that did not get included in our daily news coverage.

Resources services provider Babylon Pump & Power has entered into a conditional agreement to acquire diesel engine specialist Primepower Queensland for up to $4.2 million.

Babylon Pump & Power has secured a $670,000 contract to supply and install power generation and dewatering pumping equipment for BHP for an initial six month period. Works are scheduled to begin immediately with commissioning scheduled for November 2018. The company is optimistic that the contract will continue on a rolling basis at the end of the initial term.

Babylon Pump and Power has secured a $1.5m asset finance facility from National Australia Bank to support its contract to supply power generation to BHP's Mining Area C surplus water pipeline project. The facility and $4.5m raised through a convertible loan issue gives the company cash reserves to grow its asset fleet and pursue larger contracts.

Babylon Pump & Power's strategy of adding broader maintenance works to its suite of pump rental services has led to it securing another $1m worth of contracts with work to start immediately. The company said customer engagement continues to be encouraging with a growing pipeline of diesel engine maintenance, pumping solutions and power generation work.

Newly listed Babylon Pump & Power has secured a $1.1 million power supply contract at BHP Billiton's Mining Area C project in the Pilbara.

ASX listed Babylon Pump & Power has secured a contract valued at $1.1m from Adenco for the supply, installation and maintenance of new power generators to BHP Billiton's Area C Surplus Water Pipeline Project in Western Australia. The order is an endorsement of the company's strategy to add power generation to its suite of pumping services and products.

ASX-listed specialist pumping company Babylon Pump and Power is in full swing, with the company reporting robust revenues for the March quarter on the back of strongly performing specialty rental and diesel businesses. The recently listed Kalamunda-based company says year-to-date revenues have now hit $1.5m as it accelerates its rental, rebuild and maintenance offering in the resurgent mining sector.

ASX-listed specialist pumping company Babylon Pump & Power is gearing up to take advantage of the expected new wave of maintenance related mining activity post the mining construction boom. The company has amassed a $3.3m war chest to gear up its dewatering pumping fleet as it gets ahead of the pack of service businesses that will materialise as the mining industry gets set to take off again.

James Cullen has emerged as the major shareholder at new listing Babylon Pump & Power, which is led by Michael Shelby, formerly general manager at Mr Cullen's former company Resource Equipment.