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Sydney,

CIMIC's UGL awarded $170m Tailem Bend Solar Farm project

CIMIC Group company UGL has been awarded contracts by Equis Energy to
build and maintain the Tailem Bend 127MW<sub>DC</sub> Solar Farm in South
Australia.

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The project will generate revenue to UGL of approximately $170

million and is due to commence in early 2018, with power generation to

the grid expected in 2019.

CIMIC Group Chief Executive Officer

Michael Wright said: “With our growing expertise in delivering renewable

energy projects, CIMIC and UGL are proud to be supporting the growth of

the Australian renewable energy market and delivering the Tailem Bend

Solar Farm for Equis Energy.”

UGL Managing Director Jason Spears

said: “The Tailem Bend Solar Farm expands UGL’s national footprint – we

now have a solar farm under construction in every Australian mainland

state – reaffirming our position as the leading EPC contractor in the

renewable energy sector. We are very pleased to be partnering with Equis

Energy to deliver this South Australian solar farm.”

UGL will

undertake the engineering, procurement and construction of the project,

including the associated substation and, critically, will provide the

internal expertise to ensure the project is integrated successfully into

the electricity network. Once operational, UGL will provide the

operation and maintenance services for a five-year period.

UGL

currently has solar projects under construction at Emu Downs in Western

Australia, Kidston and Collinsville in Queensland, White Rock in New

South Wales and Bannerton in Victoria.