The collective wealth of the top 100 richest people in Western Australia amounts to $160 billion – with 19 billionaires – Business News' Rich 100 publication reveals.
Listed contractor GenusPlus Group has picked up an additional $50 million of work under its contract with Western Power to deliver a major power infrastructure upgrade project.
Contractor GenusPlus has reported a record annual profit and flagged further strong growth in the current financial year after winning more work on energy projects.
Belmont-based GenusPlus will undertake a $65 million maintenance and upgrade program for Western Power and build a $105 million battery for Alinta Energy in South Australia.
Telecommunications-focused contractor GenusPlus Group has bolstered its exposure to the renewables market after securing a $65 million contract for the Merredin big battery.
NBN Co has awarded seven contracts worth about $3 billion for upgrades to its national network, with Ventia, Downer and Perth-based GenusPlus Group among the winners.
Belmont-based GenusPlus Group has landed an initial $42 million head contractor role for stage one work on TasNetworks' $950 million northern Tasmanian grid upgrade.
Infrastructure provider GenusPlus Group has finalised its acquisition of CommTel Network Solutions, following the effectuation of a deed of company arrangement.
GenusPlus Group has signed a binding, conditional agreement to acquire Partum Engineering for up to $16 million, a week after creditors approved its proposed purchase of CommTel Network Solutions.
GenusPlus Group has proposed a multi-million-dollar acquisition of CommTel Network Solutions, which is under administration, to expand its national footprint.
GenusPlus Group has extended its close working relationship with Western Power, after securing a significant maintenance and upgrade works program with the company.
Power and telecommunications contractor GenusPlus Group has been awarded two contracts worth $50 million from Fortescue for work on the miner's Pilbara operations.
Telecommunications and power infrastructure contractor GenusPlus Group has notched $40 million worth of work on ACCIONA's major solar farm project in Queensland.
A joint venture between infrastructure provider GenusPlus Group and ACCIONA has been awarded a $1.4 billion contract to deliver a transmission project.
GenusPlus has won a $15 million contract with Fortescue Future Industries to build a substation at the group's proposed Green Energy Manufacturing Centre in Queensland.
GenusPlus Group managing director David Riches was named First Amongst Equals at the 2022 40under40 Awards, ahead of a diverse cohort of Western Australia's young business leaders.
Telecommunications infrastructure company GenusPlus is set to acquire private Queensland business Pole Foundations Australia for an upfront $22 million in cash and shares.
Belmont-based GenusPlus Group has been named preferred supplier to Australia's first hyperscale national fibre network, with its contract worth at least $50 million.
Electrical services business GenusPlus Group has won a $40 million contract from Telstra, as part of the telco giant's move to decommission its exchange buildings across Australia.
GenusPlus Group has secured more work on Fortescue's $US250 million transmission project, having been selected to build a 98-kilometre powerline for the iron ore miner.
Belmont-based GenusPlus Group is making its second acquisition since listing on the ASX, having agreed to purchase assets from the administrators of Victoria's Tandem Corp.
Perth-based power and telecommunications company GenusPlus Group has made its first acquisition since listing on the ASX, as well as secured a $60 million contract with Rio Tinto.
Perth-based power and telecommunications contractor GenusPlus Group has listed on the ASX, following a successful initial public offering that valued the company at $148.6 million.
Belmont-based GenusPlus Group has launched a $32.8 million initial public offering, with the power and telecommunications contractor planning an ASX listing in December.
Privately-owned contractor GenusPlus Group has completed its fifth acquisition in the space of two years, confirming today it has bought EC&M out of administration with plans to retain a small group of key staff to help rebuild the business.
