Image source: Shutterstock
Highlights
Long-term Agreement: Downer EDI Limited wins a 12-year Electricity Field Services contract with Powerco, valued at NZ$600 million.
Operational Focus: The deal includes maintenance, minor capital works, and fault repair services across Powerco’s North Island network.
Strategic Growth: CEO Peter Tompkins highlights the contract as a testament to Downer’s reliability and leadership in New Zealand’s utility sector.
Downer EDI Limited has secured a significant Electricity Field Services Agreement with Powerco, one of New Zealand’s largest electricity distributors. The deal, valued at approximately NZ$600 million (AU$540 million), will run for a maximum of twelve years, with an initial five-year term worth NZ$250 million and potential extensions for an additional seven years.
The contract is set to commence on July 1, 2025, replacing Downer’s existing field services work with Powerco. Under the agreement, Downer will provide essential services, including network maintenance, minor capital works, and fault repair operations across two key regions of Powerco’s electricity distribution network on New Zealand’s North Island.
Strengthening Market Leadership
The agreement reinforces Downer’s long-standing partnership with Powerco and solidifies its market position in New Zealand’s utilities sector. The company has been a trusted service provider for Powerco for over a decade, demonstrating its reliability and expertise in managing critical infrastructure.
Downer’s Chief Executive Officer, Peter Tompkins, expressed confidence in the company’s ability to deliver high-quality services under the new contract.
“This long-term contract reflects Downer’s strong and reliable performance for Powerco over more than a decade. It strengthens our position as a market leader in New Zealand’s Utilities sector and is a strong endorsement of Downer’s proven track record to help our customers provide cost-effective, safe, and reliable energy for our communities,” Tompkins stated.
He also highlighted the contract’s alignment with Powerco’s sustainability goals, stating that Downer will leverage its expertise to support the company’s commitment to delivering low-carbon energy solutions.
Commitment to Reliability and Innovation
Powerco, which supplies electricity to approximately 1.1 million people in urban and rural communities, relies on trusted partners to ensure a resilient and efficient power network. By securing this agreement, Downer continues to play a crucial role in maintaining and upgrading New Zealand’s energy infrastructure.
As the July 2025 launch date approaches, both companies will focus on a seamless transition to ensure uninterrupted services for Powerco’s customers.





_11_12_2026_11_18_43_829163.jpg)
Please wait processing your request...