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National Infrastructure Awards winners announced

Infrastructure Partnerships Australia (IPA) has announced the winners of the 2019 National Infrastructure Awards.

Convened annually, the Awards recognise excellence in public administration and business, across major projects.

The Awards were overseen by an independent judging panel, comprising:

  • Ms Leilani Frew, Chief Executive Officer, Infrastructure Project and Financing Agency (Chair)
  • Ms Kim Curtain, Interim Deputy Secretary, Trade, Tourism, Investment and Precincts, NSW Treasury
  • Dr Steven Kennedy PSM, Secretary, Federal Department of Infrastructure and Regional Development
  • Mr Jason Loos, Director, Department of Treasury and Finance, Victoria
  • Mr Neil Scales, Director-General, Queensland Department of Transport and Main Roads

The winners and finalists for each category in the 2019 Awards are as follows:

Project of the Year: Westconnex

Winner/s: NSW Treasury and Transport for NSW (Roads and Maritime Services) and their advisors Allens, Ashurst, BIS Oxford Economics, Clayton Utz, GHD, Goldman Sachs, Newgate Australia, Turner & Townsend, and PwC. Sydney Transport Partners (Transurban, AustralianSuper, Canadian Pension Plan Investment Board, and Tawreed Investments) and their advisors; Advisian, Aquasia, Clifford Chance, EY, E3 Advisory, Greenwoods & Herbert Smith Freehills, King & Wood Mallesons, KPMG, Macquarie Capital, Morgan Stanley, UBS, and WSP.

Finalists:

  • Canberra Light Rail – ACT Government (Transport Canberra) and their advisors; Arup, Clayton Utz, EY, HASSEL Studio, RPS Group, Sparke Helmore, Turner & Townsend, and WSP. Canberra Metro Consortium (Aberdeen Infrastructure Investments, CPB Contractors, John Holland, Mitsubishi Corporation, MUFG, Pacific Partnerships and UGL) and their advisors; AECOM, Architectus, CAF, Herbert Smith Freehills, R-Co, and SMEC.
  • Caulfield to Dandenong Level Crossing Removal Project – The Alliance (comprising of Aurecon, CPB Contractors, Lendlease, Metro Trains Melbourne, WSP), Arcadis, Level Crossing Removal Project, and Major Transport Infrastructure Program.
  • Wentworth to Broken Hill Pipeline – GHD, Jacobs, John Holland, MPC Kinetic, TRILITY, and WaterNSW

Advisory Excellence Award: Sydney Metro Martin Place integrated development

Winner/s: Advisors to Transport for NSW; Ashurst, CBRE, KPMG. Advisors to Macquarie Group; Herbert Smith Freehills, Macquarie Capital, MinterEllison, PwC, and Arup.

Finalists:

  • Infrastructure Victoria’s Advice on Automated and Zero Emissions Vehicles Infrastructure – Infrastructure Victoria
  • Sydney Metro Northwest OTS – Turner and Townsend
  • WestConnex Transaction – Advisors to the NSW Government; Allens, Ashurst, BIS Oxford Economics, Clayton Utz, GHD, Newgate Australia, PwC, and Turner & Townsend. Advisors to Sydney Transport Partners; Advisian, Clifford Chance, EY, E3 Advisory, Greenwoods & Herbert Smith Freehills, King & Wood Mallesons, KPMG, and WSP

Financial Excellence Award: Westconnex transaction

Winner/s: Financial Advisors to the NSW Government; Goldman Sachs, and NSW Treasury. Financial Advisors to Sydney Transport Partners; Aquasia, Macquarie Capital, Morgan Stanley, and UBS.

Finalists:

  • Agribo, Centre for Agribioscience Refinancing – Plenary Group
  • for Darling Harbour Live Refinancing – Capella Capital
  • Kwinana Waste to Energy – Macquarie Capital

Government Partnership Excellence Award: The Caulfield to Dandenong Level Crossing Removal Project

Winner/s: The Alliance (comprising of Aurecon, CPB Contractors, Lendlease, Metro Trains Melbourne, WSP), Level Crossing Removal Project, and Major Transport Infrastructure Program.

Finalists:

  • Canberra Light Rail – ACT Government (Transport Canberra), and Canberra Metro Consortium (Aberdeen Infrastructure Investments, CPB Contractors, John Holland, Mitsubishi Corporation, MUFG, Pacific Partnerships and UGL)
  • Metro Tunnel Project: Rail Projects Victoria and PwC Indigenous Consulting Partnership – PwC’s Indigenous Consulting and Rail Projects Victoria
  • Sydney Metro Martin Place Integrated Station Development – Macquarie Group, Sydney Metro, Transport for NSW

Contractor Excellence Award: Wentworth to Broken Hill pipeline

Winner/s: John Holland and MPC Kinetic

Finalists:

  • Bruce Highway Boundary Road Interchange – BMD Constructions
  • Caulfield to Dandenong Level Crossing Removal Project – CPB Contractors and Lendlease
  • M80 Ring Road Upgrade: Sunshine Avenue to Calder Freeway – Fulton Hogan

Operator and Service Provider Excellence Award: TasWater for the Regional Towns Water Supply Program – Stages 2 and 3

Winner/s: KBR, TasWater, and TRILITY

Finalists:

  • Queensland Schools Project – Plenary Schools Consortium (Plenary Group, DeltaFM and Watpac) and Queensland Department of Education
  • Incident Management Response – Transurban and Ventia

Innovation Excellence Award: uninterruptible power supply for Melbourne’s railway signalling network

Winner/s: AECOM, AEG, Metro Trains Melbourne, Public Transport Victoria, and Thycon

Finalists:

  • Dynamic Speed Management Trial – Transurban and VicRoads
  • Kwinana Waste to Energy – Acciona, Dutch Infrastructure Fund, Keppel-Seghers, Macquarie Capital, Phoenix Energy Australia, and Veolia
  • M80 Ring Road Upgrade: Sunshine Avenue to Calder Freeway – Cowri and Fulton Hogan

In addition, John Holland’s Simon Lehman won the Future Infrastructure Leader of the Year Award. Infrastructure Partnerships Australia said that Mr Lehmans’ profile stood out to the judging panel amongst all the other entries because of his extraordinary commitment to the infrastructure sector.

The judges found that Mr Lehman has proven to be a major asset and path-breaking engineer for the John Holland rail team. His on-the-job mentoring of younger team members and his exceptional work at the forefront of infrastructure delivery was exemplary.

Moreover, Major Road Project Victoria’s Alexis Davidson won the Award for Women’s Achievement in Infrastructure.

Ms Davidson has had a long and successful career in infrastructure over the last two decades. The judging panel said they were particularly impressed by her strong leadership and mentorship of other female engineers in the sector.

The judges praised Ms Davidson for consistently delivering outstanding business cases for Major Road Project Victoria and developing an impressive reputation for her innovative thinking and professionalism as a female engineer at the forefront of infrastructure delivery.

Deals PHOTO

Australia’s Mineral Resources to sell 49% stake in lithium project

Mining services provider Mineral Resources Ltd (MIN.AX) on Tuesday said it was looking to sell a minority stake in its Wodgina Lithium mine in the west of Australia.

The Australian company said in a statement that it was seeking partners to take up to 49 percent of the project in the Pilbara region, after receiving a number of unsolicited approaches from parties interested in a stake or in offtake agreements.

Riding a wave of demand for the mineral used in electric vehicle batteries, the firm already has a joint venture with China’s largest lithium producer, Jiangxi Ganfeng Lithium, to develop its Mount Marion lithium project in the same state.

“This minority sales process is in line with (our) strategy of investing in early-stage projects, adding significant value and then seeking equity partners to share in the value,” Managing Director Chris Ellison said in the statement.

The Wodgina project produced about 1.16 million wet tonnes of lithium direct shipping ore (DSO) in the quarter that ended in March, accounting for a large portion of the company’s overall production.

“(Mineral Resources) will only introduce project partners if acceptable terms can be secured. (The company) has the capability to finance and implement its downstream processing strategy at Wodgina on its own,” Ellison added.

The stake sale comes amid burgeoning sector consolidation, with Australian lithium miner Galaxy Resources (GXY.AX) assessing options for its stake in a large lithium deposit in Argentina.

Mineral Resources said lithium processors, battery manufacturers, international trading companies and automakers had approached it over Wodgina.

“Min Res are used to putting together a joint venture on a project,” said Canaccord Genuity analyst Larry Hill, adding that contenders would be companies that could process the mineral into a battery-ready form.

Mineral Resources may also consider selling its offtake from the project to partners as part of the transaction. Appetite for Australian hard rock deposits is increasing as manufacturers look to secure high-purity supply.

Wodgina is among the world’s biggest hard rock deposits and is also located close to Port Hedland, a large bulk commodities port.

Investment bank Macquarie Capital (Australia) and Australian law firm Gilbert and Tobin have been appointed to assist with the sale. Mineral Resources said it was planning to announce a buyer in the second half of the year.

Shares in the firm were up about 0.6 percent, compared to a 0.5-percent rise in the broader market.