Southern Cross Electrical Engineering (ASX:SXE) has secured $125 million in new contracts covering data centres, a desalination plant and a transport project in Sydney.
The company, headquartered in Perth, provides electrical, instrumentation and communications services to the infrastructure, resources and commercial sectors.
Among the latest wins is a contract with data center operator NEXTDC for the electrical installation of the M3 data center in Melbourne.
Another major deal is for Sydney Metro’s Barangaroo station, where SCEE will carry out the electrical works for the new metro station as part of Sydney Metro’s largest expansion.
The company also won a contract for electrical work at the Alkimos desalination plant, located in Western Australia. This facility will strengthen Perth’s water supply, with desalination playing a key role in meeting the city’s long-term water needs.
Southern Cross shares jumped 8.99% to $1.52.