Final Investment Decision for EnergyConnect
June 9, 2021
MBB Group is delighted to have reached an important project milestone for EnergyConnect, as the TransGrid Board today announced it will build the critical $2.4b electricity transmission project, which will save NSW customers $180 million a year and create 1,500 new construction jobs in regional NSW.
MBB has been providing TransGrid with strategic, commercial, transaction and technical advisory services during the development and procurement phases for EnergyConnect.
MBB Managing Director, Matthew Brook, said “This is an extremely exciting step forwards, and we’re thrilled to be advising on such as significant project within the on-shore Australian energy sector.”
Well done to all the project team including TransGrid and SecureEnergy, a joint venture between Elecnor Group and Clough.