Team Veye June 05, 2026

Monadelphous Group Secures Major Contract

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Monadelphous Group Limited (ASX: MND) has announced on 05 June 2026 that it won a major $380 million construction contract from CS Energy for the Brigalow Peaking Power Plant near Chinchilla, Queensland.

The contract will cover building and installing 12 gas turbine generator units which will together producing 400 megawatts of power. The project will also include balance of plant construction and some smaller engineering packages. Work is planned to begin in the second half of 2026 and finish by early 2029. Once complete, the plant will be able to supply electricity to more than 150,000 homes during peak demand.

This award follows two recent contract updates including approximately $120 million of new work announced on 22 May 2026 and about $145 million of resources sector contracts and extensions announced on 10 April 2026. That run of wins highlights continued momentum in Monadelphous’s engineering construction and maintenance businesses.

Managing Director Zoran Bebic said the award strengthens Monadelphous’s position in Australia’s energy transition adding that the company has a proven track record in large scale energy construction projects.

The contract should also reinforce investor confidence by extending visibility on revenue and activity across its engineering construction division.

(Source: Company Announcement)

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