Worley increases stake in TW Power Services to 100%

SYDNEY, AUSTRALIA: Worley Limited announced that it has acquired Ferrovial’s 50% shareholding of TW Power Services Pty Ltd (TWPS) for a cash consideration of $20 million, increasing its stake to 100%. TWPS is an operations and maintenance (O&M) business providing services to support critical power infrastructure across Australia, New Zealand and South East Asia. TWPS…