Stock Track | GenusPlus Group Soars 5.11% Intraday on AU$110 Million Battery Storage Contract Win

Stock Track

Apr 24

GenusPlus Group Ltd (ASX:GNP) saw its shares soar 5.11% during intraday trading on Friday, following the announcement of a significant new contract.

The surge comes after the company secured a turnkey engineering, procurement, construction, and commissioning (EPC) contract worth approximately AU$110 million. The contract is for the Koolunga Battery Energy Storage System (BESS) project in South Australia, which will deliver a 200-megawatt system with 800 megawatt-hours of storage capacity.

Construction on the project is scheduled to begin soon, with all necessary approvals already secured, and is targeted for completion by September 2027. The project represents a major order for the company and is a key driver behind the positive investor sentiment reflected in the stock's price movement.

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The contract is for the Koolunga Battery Energy Storage System (BESS) project in South Australia, which will deliver a 200-megawatt system with 800 megawatt-hours of storage capacity.</p><p>Construction on the project is scheduled to begin soon, with all necessary approvals already secured, and is targeted for completion by September 2027. The project represents a major order for the company and is a key driver behind the positive investor sentiment reflected in the stock's price movement.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GNP.AU","symbol_name":"GENUSPLUS GROUP LTD","start_time":0,"source_url":"","article_id":"1196924412","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1196924412","pubTimestamp":1777002397,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"GenusPlus Group Ltd (ASX:GNP) saw its shares soar 5.11% during intraday trading on Friday, following the announcement of a significant new contract.The surge comes after the company secured a turnkey...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"GNP.AU":"GENUSPLUS GROUP LTD"},"translate_title":"个股追踪|GenusPlus集团拿下1.1亿澳元电池储能合同盘中大涨5.11%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GNP.AU":1},"content_text":"GenusPlus Group Ltd (ASX:GNP) saw its shares soar 5.11% during intraday trading on Friday, following the announcement of a significant new contract.The surge comes after the company secured a turnkey engineering, procurement, construction, and commissioning (EPC) contract worth approximately AU$110 million. 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