

The Group was awarded two major contracts in Australia, to supply high
voltage underground cables — North Shore cable upgrade and Engadine
— as part of the upgrade project of Ausgrid’s network, whereby cables
and equipment installed about 40 years ago are being replaced. The
projects will be carried out in two areas: the coastline area in the North
of Sydney, Willoughby-Lindfield-Castle Cove, and the Engadine area,
just south of Sydney.