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…

Worley gets services contract by BASF for battery material plant in Finland

SYDNEY, AUSTRALIA: BASF SE (BASF) has awarded Worley Limited a services contract for its European battery material investment project in Finland. The project is to build a plant that will produce precursor battery material for the European market. The plant will be powered by electricity generated from renewable energy sources such as hydro, wind and…