Highlights

  • Synertec executed a contract with AGL Energy for the SOLIS Project, a major SCADA infrastructure upgrade.
  • The project will modernise AGL’s national gas and renewable energy operations across multiple Australian sites.
  • Phase 1 delivery is valued at approximately $4 million.
  • The upgraded system will provide centralised monitoring and control through AGL’s Melbourne operations centre.
  • The contract strengthens Synertec’s position in critical infrastructure technology and automation solutions.

Synertec Corporation Limited (ASX:SOP) announced that it has executed a contract with AGL Energy Limited to deliver the SOLIS Project, a major upgrade of AGL’s national Supervisory Control and Data Acquisition (SCADA) infrastructure supporting gas and renewable energy operations.

The agreement follows Synertec’s 19 May 2026 announcement regarding a Letter of Intent with a major Australian energy operator, where the customer’s identity was initially withheld.

With the signing of the binding contract, Synertec confirmed that AGL is the customer behind the previously announced agreement.

Synertec shares traded at AUD 0.054, up 12.50% during the afternoon session on 30 July 2026. The stock remains up 80.00% over the past year, while investors continue monitoring the company’s contract pipeline, technology deployments and expansion across energy and critical infrastructure markets.

Synertec Expands Role in Digital Infrastructure Transformation

Synertec is a technology design, development and engineering company focused on delivering solutions across energy, critical infrastructure and advanced manufacturing sectors.

The company develops scalable technology solutions aimed at supporting the transition toward a lower-carbon economy through innovative engineering and digital systems.

Synertec works with major organisations to design and implement technology solutions for complex infrastructure environments.

Its capabilities include advanced automation systems, SCADA platforms, engineering services and digital technologies designed to improve operational efficiency, reliability and infrastructure management.

The AGL SOLIS Project represents another step in Synertec’s strategy of targeting large-scale technology projects involving critical infrastructure assets.

AGL Contract Formalises Major SCADA Upgrade Project

The newly executed contract was signed under the existing Framework Agreement between Synertec and AGL established in October 2025.

The agreement formalises the project scope and commercial arrangements previously outlined under the Letter of Intent.

The SOLIS Project will involve replacing AGL’s existing SCADA system with a modern, cyber-secure and scalable platform.

SCADA systems are used to monitor and control industrial infrastructure, allowing operators to manage assets, collect operational data and improve decision-making.

Through the project, Synertec will support AGL’s transition toward an upgraded digital control environment across its gas and renewable energy operations.

Project Covers Multiple Australian Energy Sites

The SOLIS Project will initially be implemented across AGL’s operational sites throughout Australia.

The upgraded infrastructure will provide centralised monitoring and control functionality through AGL’s Melbourne-based operations centre.

Synertec stated that the system will provide a “single pane of glass” view across AGL’s national gas and renewable energy asset portfolio.

This approach is designed to improve visibility across distributed infrastructure assets by bringing operational information together through a centralised platform.

Phase 1 delivery of the project is valued at approximately $4 million.

Project activities have already commenced following approved early works undertaken under the previously announced Letter of Intent.

SCADA Capability Strengthens Synertec’s Energy Sector Position

The AGL contract reinforces Synertec’s focus on providing advanced SCADA and automation systems for critical infrastructure operators.

The company has been targeting complex and large-scale distributed infrastructure projects where digital monitoring, automation and operational control are key requirements.

Synertec stated that the SOLIS Project further strengthens its position within the Energy and Resources sector.

The company continues building its portfolio across renewable energy, power systems and natural gas infrastructure.

The project also adds to Synertec’s previous technology deployments, including work involving Metro Trains Melbourne, Melbourne Water and the Australian Nuclear Science and Technology Organisation.

AGL Selection Highlights Competitive Technology Capability

Synertec stated that the AGL tender process involved competition from national and international companies.

The company was selected to deliver the SOLIS Project based on its technology capabilities and engineering expertise.

Synertec Managing Director Michael Carroll said the company was pleased to have been selected by AGL for the project and highlighted the role of its engineering team in securing the opportunity.

The contract demonstrates Synertec’s ability to compete for large-scale technology projects with major Australian infrastructure operators.

The company continues to focus on delivering advanced digital solutions designed for complex operational environments.

Supporting Energy Transition Through Advanced Automation

The SOLIS Project aligns with the increasing focus on digital transformation across energy infrastructure.

As energy systems evolve, operators require technology platforms that can manage increasingly complex asset networks, including renewable energy infrastructure and traditional energy assets.

Synertec’s automation and SCADA capabilities are designed to support these requirements by improving operational visibility and enabling more efficient infrastructure management.

The company’s broader strategy involves commercialising scalable technology solutions through partnerships with major customers.

The AGL project adds another example of Synertec applying its engineering capabilities within Australia’s evolving energy landscape.

Framework Agreement Provides Platform for Further Opportunities

The SOLIS Project was secured under Synertec’s existing Framework Agreement with AGL.

The framework provides a foundation for collaboration between the two companies and enables Synertec to support AGL’s technology requirements.

The contract builds on the relationship established through earlier discussions and the Letter of Intent announced in May 2026.

By progressing from an initial agreement into a binding contract, Synertec has formalised the first stage of the project delivery process.

The company will continue working with AGL to implement the planned SCADA upgrade.

Critical Infrastructure Technology Remains Key Growth Area

Synertec continues focusing on technology opportunities across industries where reliable and secure infrastructure systems are essential.

The company’s solutions are targeted toward sectors requiring advanced monitoring, automation and digital management capabilities.

Energy infrastructure remains a major area of focus, particularly as operators seek improved control systems to support changing operational requirements.

Through projects such as the AGL SOLIS Project, Synertec aims to expand its presence among major infrastructure operators.

The company continues developing partnerships with blue-chip customers across energy, critical infrastructure and advanced manufacturing markets.

What This Means for Investors?

Synertec’s latest announcement highlights a significant commercial milestone through the execution of the AGL SOLIS Project contract.

The agreement provides Synertec with a Phase 1 project valued at approximately $4 million and expands its involvement in Australia’s energy infrastructure sector.

Investors are likely to monitor project execution, future opportunities under existing customer relationships and the company’s ability to convert technology expertise into additional commercial contracts.

With the AGL contract adding to its portfolio of infrastructure technology projects, Synertec continues focusing on expanding its role as a provider of advanced automation and digital solutions.

Answer: Synertec announced a contract with AGL Energy to deliver the SOLIS Project, a major SCADA infrastructure upgrade supporting AGL’s national gas and renewable energy operations.

Answer: Phase 1 delivery of the SOLIS Project is valued at approximately $4 million.

Answer: The SOLIS Project involves replacing AGL’s legacy SCADA system with a modern, cyber-secure and scalable platform across its operational sites.

Answer: The upgraded system will initially be implemented across 26 sites across Australia, with centralised control functionality located at AGL’s Melbourne operations centre.

Answer: Synertec provides technology design, development and engineering solutions across energy, critical infrastructure and advanced manufacturing sectors.