NRW unit Fredon lands circa $240m electrical deal from Shape for data centre
NRW Holdings said Fredon, its wholly owned subsidiary, has been awarded an electrical services contract of about $240 million by Shape. The project and its location were not identified.
ASX-listed NRW Holdings (NWH) said on 11 November 2026 that Fredon, a wholly owned subsidiary, has secured a contract of circa $240 million from Shape to deliver electrical services on a data centre project. NRW called it a significant award for Fredon.
Within NRW, Fredon is part of the EMIT division. It offers electrical, mechanical (HVAC), infrastructure, technology and maintenance services under one roof. The company pointed to Fredon's track record on complex electrical and mechanical work for critical infrastructure as the base for the new win.
The announcement leaves several things open. It gives no name or location for the data centre. It also omits the contract's length, start date, expected margin and when revenue will be recognised.
NRW is headquartered in Perth and works across civil construction, contract mining, drill and blast, minerals processing and maintenance. Most of its activity is in Australia, with smaller operations in Canada, the United States and New Zealand, and its clients span resources, infrastructure, industrial and government sectors.