SPIE Global Services Energy supports Australia's energy transition with the acquisition of Worley Power Services [Yahoo! Finance]
WORLEY LTD UNSP/ADR (WYGPY)
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Source: Yahoo! Finance
the signing of an agreement to acquire Worley Power Services, a subsidiary of Worley Group. With this acquisition, SPIE Global Services Energy expands its core expertise in technical maintenance to include power generation assets. Building on its presence in Australia since 2012, SPIE Global Services Energy is now positioned to play a key role in the country's energy transition from coal and gas to renewable sources. With more than 20 years of successful operational experience, Worley Power Services has established itself as the clear market leader in full life-cycle asset management. Its services include operations and management (O&M) services, for wind farms, power plants and gas pipelines across Australia. Over the past five years, the company has successfully shifted its focus toward low-carbon power generation assets, in line with the accelerated phase-out of coal-fired power stations in Australia. The company has therefore become the O&M provider of choice for government enti
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