Transgrid and Iberdrola sign agreement for HumeLink transmission project
By Global Infrastructure Sherpa · Sep 26, 2024
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.
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Deal Size
The overall cost of HumeLink has increased from $3.27b in 2021 to $4.88b in 2024.
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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.
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Location
HumeLink is a new 500kV transmission line which will connect Wagga Wagga, Bannaby and Maragle in southern NSW.
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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.
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COD
It is essential that the infrastructure is completed by 2026 to secure the network before the ageing power stations are decommissioned.
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
Market Context
This deal is part of the Transmission sector in Australia.
1 of 139 Transmission deals tracked this month · Updated daily