By Digifin Pty Ltd · About this coverage
Key Points
- Fredon awarded first-stage D&C Mechanical scope for Stack MEL03
- First stage package about $115m; Sept 2026 start, March 2028 finish
- Covers Mechanical Systems for 432MW of 864MW hyperscale campus
- Part of about $300m total package as Preferred Contractor to 2028
About NRW Holdings (ASX:NWH)
NRW Holdings Limited is an ASX-listed contract services group headquartered in Perth. It operates across civil construction, contract mining, drill and blast, minerals processing and maintenance services, mainly in Australia with smaller operations in Canada, the United States and New Zealand. It serves resources, infrastructure, industrial and government clients.
NRW Holdings Limited (ASX:NWH) says its wholly owned subsidiary Fredon has been awarded the first stage of the Design and Construct Mechanical scope for the Stack Data Centre MEL03 project.
The approximately $115 million package covers the off-site fabrication component of the Mechanical works, commencing in September 2026 and completing by March 2028. The package is to facilitate delivery of Mechanical Systems to 432MW of the 864MW hyperscale data centre campus and builds on Fredon's previous Stack Data Centres work in Melbourne. NRW says the first stage award forms part of an approximately $300 million total package of works to be delivered by Fredon as Preferred Contractor, with completion scheduled for 2028.
The release does not state contract margins, revenue recognition timing, or whether later stages are fully contracted beyond Preferred Contractor status.
Source: NRW Holdings Limited (ASX:NWH), 24 September 2026. Summary content supplied by Digifin Pty Ltd.
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