RCR awarded $315M for Daydream and Hayman solar farm projects

PRESS RELEASE

Diversified engineering and infrastructure company RCR Tomlinson Ltd (ASX: RCR), is pleased to announce that it has been awarded two contracts, totalling approximately $315 million for the Engineering, Procurement and Construction (“EPC”) and Operation and Maintenance (“O&M”) for the 150MWac Daydream Solar Farm and the 50MWac Hayman Solar Farm, developed and maintained by Edify Energy Pty Ltd.

RCR’s scope of work includes engineering, procurement, construction and commissioning of the Solar Farms, including interface works to the project substations.

Once commissioned RCR will provide O&M services for both Solar Farms for an initial period of 10 years, with an option for a further 5 year term.

The projects will start immediately, with construction scheduled to commence in Q3 2017.

The Daydream and Hayman Solar Farms are both located in Collinsville in Northern Queensland.

RCR Managing Director & CEO, Dr Paul Dalgleish said “We are very pleased to continue our strong relationship with Edify Energy to deliver these two large-scale solar energy projects generating a combined 200MWac.

RCR now has over half a Gigawatt of large-scale solar projects in our order book and more than a Gigawatt currently being developed or progressed under early contractor involvement processes.

RCR has firmly positioned itself as one of Australia’s leading developers and EPC providers of large-scale solar and other renewable energy infrastructure. Our experience and application of Engineering Intelligence to renewable projects provides RCR with a significant competitive advantage.

RCR is currently preferred on a number of additional renewable energy projects that will support our further growth in FY18 and into FY19. Over the mid to long-term we expect to see the large-scale solar market continue to grow”, said Dr Dalgleish.