Hochtief : CIMIC’s UGL awarded more than $112m in utilities contractors

4 DECEMBER 2020 CIMIC'S UGL AWARDED MORE THAN $112M IN UTILITIES CONTRACTS

CIMIC Group's UGL has been awarded several contracts in the utilities sector, with a combined value of more than $112 million.

The contracts, which will be executed over a multi-year period, will start prior to the end of 2020 and include:

• The design and construction of a 330kV switchyard at Maragle in the Snowy Mountains, NSW for TransGrid. The contract includes building 10 kilometres of 330kV transmission lines to connect the switchyard and the Snowy 2.0 pumped-hydro project cable yard.
• The installation of a 52MW/78MWh Tesla battery for TransGrid at the Wallgrove Substation in Sydney's West.
• The design and construction of a 132kV /33kV substation to support the connection of a solar farm in Gunnedah, NSW, to TransGrid's network in the state.
• Design and construction work for Powerlink's substations at Lilyvale and South Gladstone, Queensland.
• Design and construction work in Victoria for United Energy, including the installation and replacement of feeder schemes at substations and the installation of safety mechanisms.

CIMIC Group Chief Executive Officer Juan Santamaria said: "We're proud to work with these clients to connect future renewable projects to the grid and supply new energy into the network. In doing so, we'll also create job and procurement opportunities for regional communities."

UGL Managing Director Doug Moss said: "These new contracts in the utilities sector highlight UGL's power and renewables capability and expand on our well-established relationships with TransGrid, Powerlink and United Energy. We look forward to carrying out these contracts in a safe and reliable manner."

ENDS

Issued by CIMIC Group Limited ABN 57 004 482 982 www.cimic.com.au Authorised by the CIMIC Group Continuous Disclosure Committee

Contacts

Mr Justin Grogan, Investor Relations T+61 2 9925 6628

Ms Fiona Tyndall, Communications T+61 2 9925 6188

CIMIC Group (ASX:CIM) is an engineering-led construction, mining, services and public private partnerships leader working across the lifecycle of assets, infrastructure and resources projects. CIMIC Group comprises our construction business CPB Contractors, including Leighton Asia and Broad, our mining and mineral processing companies Thiess and Sedgman, our services specialist UGL and our public private partnerships arm Pacific Partnerships - all supported by our in-house engineering consultancy EIC Activities. Our mission is to generate sustainable shareholder returns by delivering innovative and competitive solutions for clients and safe, fulfilling careers for our people. With a history since 1899, and around 35,000 people in 20 countries, we strive to be known for our principles of Integrity, Accountability, Innovation and Delivery, underpinned by Safety. CIMIC is a member of the S&P/ASX 200 index, the Dow Jones Sustainability Australia Index and FTSE4Good.