Victorian energy infrastructure company Jemena has announced the establishment of a separate assets business and separate services business in response to a changing regulatory environment and a competitive services market.
The services business began trading as Zinfra Group in April to provide engineering, construction and maintenance services to the utility and infrastructure sectors across Australia.
Zinfra Group managing director Tony Beach said, “We are very excited to be launching Zinfra Group – a fresh, modern name that acknowledges our infrastructure heritage. Having emerged from an asset owner we have a breadth and depth of industry understanding and experience to offer our clients.
“We believe significant opportunity exists for our services in the power, gas and water markets and also within adjacent markets requiring utilities services such as mining, rail, telecommunications and the renewables sector,” he said.
Zinfra Group will operate nationally and employ more than 1500 staff. It will progressively operate three brands according to the markets in which they operate.
Zinfra will deliver services in the general contracting market, ZNX in the integrated network services market and the CLM brand will be retained in the New South Wales and Victorian water and civil markets.
The separated assets business will remain trading as Jemena.