Processing timeline
22
days
Acquirer(s)
Quanta Services Australia Pty Ltd ABN - 11 164 311 997
Target(s) or Vendor(s)
PSD Global Holdings Pty Ltd ACN - 634 380 813
Other parties
Axcentium Pty Ltd ABN - 48 638 953 572, Consolidated Power Projects Australia Pty Ltd ABN - 18 075 411 219, PSD Plant & Equipment Pty Ltd ABN - 97 144 778 861, Nacap Pty Ltd ABN - 33 006 306 994, Intellect Systems Pty Ltd ABN - 11 115 885 348, PSD Energy Pty Ltd ABN - 68 117 966 926
Quanta Services Australia Pty Ltd acquired 100% of the shares in PSD Global Holdings Pty Ltd. This transaction combines two key players in the engineering, procurement, and construction of high voltage electrical infrastructure projects, including substations, transmission lines, and Battery Energy Storage Systems, within the energy sector.
Quanta Services Australia Pty Ltd ( Quanta ) proposes to acquire 100% of the shares in PSD Global Holdings Pty Ltd, including ownership of its wholly owned subsidiaries, PSD Energy Pty Ltd and PSD Plant & Equipment Pty Ltd, and all assets constituting the business trading as PSD Energy (together, PSD ). Quanta, through its subsidiaries, is involved in engineering, procurement and construction of infrastructure projects in the energy sector, including high voltage ( HV ) electricity projects. Quanta’s operations in HV electricity projects include transmission lines, substations, grid-scale Battery Energy Storage Systems ( BESS ), and the supply of protection panels and switchrooms. PSD is an electrical engineering, design and construction company specialising in HV electrical infrastructure and secondary systems. PSD’s projects include substations, solar farms, BESS and the supply of protection panels, switchrooms and related facilities.