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.

Get daily transmission deal alerts — free, no spam.

Counterparts (2)

EPC contractor

Iberdrola

company · 3 deals

Iberdrola is a global energy leader, primarily focused on renewable energy development and operation. They invest in clean energy technologies, smart grids, and energy storage solutions to drive the energy transition.

owner/operator

Transgrid

company · 1 deals

Transgrid, an Australian utility, has been involved in one verified deal: the acquisition of a 4.8GWh battery storage project in Australia. This single deal highlights their activity in the storage technology sector within the Australian market.

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

null

PARTIES MENTIONED IN SOURCE

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."

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."

Acciona Construction Australia Pty Ltd developer

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

Genus Infrastructure (NSW) Pty Ltd developer

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

UGL Engineering Pty Ltd developer

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

CPB Contractors Pty Ltd developer

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

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

Get the full picture — timeline, source intelligence, and counterpart analysis.

Source

www.transgrid.com.au

View Full Deal Details

Transgrid and Iberdrola sign agreement for HumeLink transmission project

Counterparts (2)

Source Intelligence

Timeline

Source

Related Deals

More Transmission Deals

More Deals in Australia