** Citi reiterates "buy" rating on Australia's NRW Holdings NWH.AX, after co on Friday said Fredon business secured data centre contracts valued at A$150 million ($99.62 million)

** Fredon, NRW Holdings' electrical and mechanical services business, secured four data centre contracts which include electrical and HVAC works in Victoria and Brisbane

** Estimated revenue contribution from these work packages in FY26 could be as large as A$60-70 million which further bolsters NRW's revenue coverage - Citi

** Nine of 10 analysts rate the stock "buy" or higher, one "hold"; their median PT is A$5.18, according to data compiled by LSEG

** Stock has risen 40.9% this year, as of last close

($1 = 1.5058 Australian dollars)

(Reporting by Roshan Thomas in Bengaluru; Editing by Cynthia Osterman)

((Roshan.Thomas@thomsonreuters.com;))