Transaction Overview
Worley has agreed to sell its Worley Power Services (WPS) business in Australia to SPIE, the parent company of SPIE Global Services Energy. This move aligns with Worley's strategy to streamline its operations and concentrate on core growth areas.
SPIE's Expertise
SPIE Global Services Energy brings extensive expertise in operations, maintenance, and asset integrity across the energy production and infrastructure chain. The acquisition will enhance SPIE's footprint in the Australian market, particularly in the green energy sector.
Impact on Workforce
Worley Power Services employs around 300 people and has been a key player in supporting Australia's electricity generation facilities and infrastructure for over two decades. The transition to SPIE is expected to continue this legacy under the new name, SPIE Power Services.
