Deals Counterparts

Transgrid and Iberdrola sign agreement for HumeLink transmission project

Epc Agreement Transmission announced Wagga Wagga, Australia Sep 26, 2024
USD4.9M
Deal Value
500 kV
Capacity
construction
Stage
HumeLink
Project

Transgrid has signed an agreement with Iberdrola to deliver the eastern section of the HumeLink transmission project, a 360km high-voltage overhead transmission line.

Source Intelligence

KEY DETAILS

The HumeLink transmission project is a 360km high-voltage overhead transmission line. Quote: Transgrid has signed an agreement with Iberdrola to deliver the eastern section of the HumeLink transmission project, a 360km high-voltage overhead transmission line.

Deal Size
The overall cost of HumeLink has increased from $3.27b in 2021 to $4.88b in 2024.
Capacity
The proposed HumeLink 500 kilovolt (kV) transmission lines are critical to the release of more affordable, reliable and renewable energy to the grid and is a priority project for the Australian Energy Market Operator (AEMO) and the Commonwealth and NSW Governments.
Location
HumeLink is a new 500kV transmission line which will connect Wagga Wagga, Bannaby and Maragle in southern NSW.
Announcement
null
Signing
Transgrid has signed an agreement with Iberdrola to deliver the eastern section of the HumeLink transmission project, a 360km high-voltage overhead transmission line.
COD
It is essential that the infrastructure is completed by 2026 to secure the network before the ageing power stations are decommissioned.
Expected Close
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PARTIES MENTIONED IN SOURCE
T
Transgrid developer

"Transgrid has signed an agreement with Iberdrola to deliver the eastern section of the HumeLink transmission project, a 360km high-voltage overhead transmission line."

I
Iberdrola developer

"Transgrid has signed an agreement with Iberdrola to deliver the eastern section of the HumeLink transmission project, a 360km high-voltage overhead transmission line."

A
Acciona Construction Australia Pty Ltd developer

"HumeLink East: Acciona Construction Australia Pty Ltd and Genus Infrastructure (NSW) Pty Ltd (AG JV)"

G
Genus Infrastructure (NSW) Pty Ltd developer

"HumeLink East: Acciona Construction Australia Pty Ltd and Genus Infrastructure (NSW) Pty Ltd (AG JV)"

U
UGL Engineering Pty Ltd developer

"HumeLink West: UGL Engineering Pty Ltd and CPB Contractors Pty Ltd (UGL-CPB JV)"

C
CPB Contractors Pty Ltd developer

"HumeLink West: UGL Engineering Pty Ltd and CPB Contractors Pty Ltd (UGL-CPB JV)"

G
GenusPlus Group Ltd developer

"HumeLink East: Acciona and GenusPlus Group Ltd Joint Venture (JV)"

high quality Enriched Feb 19, 2026

Timeline

Announced
Sep 26, 2024
Signed
Closed

Market Context

This deal is part of the Transmission sector in Australia.
140
Transmission deals
105
deals in Australia
1 of 139 Transmission deals tracked this month · Updated daily

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