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DF holds a 4.99% shareholding in Ausenco and possesses skills and construction expertise which are complementary to Ausenco’s engineering and consulting strengths.
Ausenco CEO Zimi Meka said the alliance would focus on increasing market share of EPC projects in key growth regions and industry sectors such as mining.
“As the size and complexity of projects continue to grow, there is an increasing demand in most sectors of our markets to have projects delivered on an EPC basis,” he said.
“Both companies have a history of successful EPC project delivery; currently over 85% of DF’s revenue is generated through EPC.
“The collective reputation for project delivery, together with well-established systems and controls, will ensure that the alliance can leverage opportunities to maximise value and manage risks.”
Ausenco and DF have a combined current EPC project pipeline of more than $14 billion, providing a range of near-term global opportunities for the alliance.
