Australia's GenusPlus hits near 6-week high on solar farm contract win

Genusplus

08/02/2024 24:10

** Shares of GenusPlus Group  GNP.AX  rise as much as 3.7%
to A$1.4, their highest since Dec 29
    ** Engineering firm says awarded contract by Acciona Energia
for solar farm substation and construction works in Queensland 
    ** The contract is worth A$40 million ($26.07 million)
    ** Under contract, co will undertake the detailed design,
procurement, installation and associated civil works for the new
275 kilo volts substation
    ** Stock down 3.6% this year as of last close



($1 = 1.5342 Australian dollars)

 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))