Wrap Text
Phase 2 EPC contractor awarded preferred bidder status
RENERGEN LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2014/195093/06)
JSE Share code: REN
A2X Share code: REN
ISIN: ZAE000202610
LEI: 378900B1512179F35A69
Australian Business Number (ABN): 93 998 352 675
ASX Share code: RLT
("Renergen" or "the Company")
PHASE 2 EPC CONTRACTOR AWARDED PREFERRED BIDDER STATUS
Renergen is pleased to announce that preferred bidder status has been awarded to
He4u consortium for the design, procurement, delivery, construction and
commissioning for phase 2 of the Tetra4 LNG and helium liquefaction project,
comprising of, Chart Industries Inc. (NYSE: GTLS), Wilson Bayly Holmes - Ovcon Ltd
(JSE: WBO), and Aurex Constructors. The appointment of an acceptable EPC
contractor in Phase 2 was one of the two remaining conditions for the DFC Phase 2
loan.
The award is a key milestone in the project's progress. The award confirms that Chart
Industries' Helium liquefier and LNG liquefaction technologies have been selected as Tetra4's
preferred technical solution for the implementation of Phase 2 of the Virginia Gas Project. In
addition, the award includes multiple local construction and fabrication partners, such as Aurex
and WBHO, that are well-versed in executing large projects in South Africa.
Chart Industries, Inc. is a leading independent global manufacturer of highly engineered
equipment servicing multiple market applications in energy and industrial gas. Chart's unique
product portfolio is used throughout the liquid gas supply chain in the production, storage,
distribution and end-use of atmospheric, hydrocarbon, and industrial gases. Chart is
headquartered in Georgia, the USA, with operations in over 50 countries globally
WBHO is a multidisciplinary, international construction company. WBHO's motto, "Rely on Our
Ability", demonstrates the pride they take in providing their clients, big and small, with safety
first and quality always. Construction activities, which cover the full spectrum, are divided into
four main operating divisions: Building Construction, Civil Engineering, Projects and Roads and
Earthwork. WBHO Projects Division undertakes the EPC/Design & Construct and renewable
energy projects for the Group. The origins of the present group date back to 1970 and today
the group is one of the largest construction companies in Southern Africa and is listed on the
Johannesburg Securities Exchange with a Level 1 B-BBEE contributor status.
Aurex Constructors is an industry-leading multidisciplinary contractor, renowned for its
commitment to quality and safety, delivering uncompromised excellence within the energy
sector. As a B-BBEE Level 2 contributor with over 40 years of experience, Aurex specialises
in Structural, Mechanical, Electrical, Instrumentation and Piping services, providing
construction and maintenance solutions to the industrial, power generation and renewable
energy industries, including EPC project services specifically for PV energy generation plants.
The company has a proven track record of successfully completing large-scale and complex
projects, making it a trusted partner in the industry.
"Chart Industries is pleased to have been selected by Renergen as technology partner for
Tetra4's Helium and LNG liquefaction requirements. We look forward to providing our world-
class technologies and engineering solutions at scale to Tetra4 as the company moves
toward implementation of the next phase of the Virginia Gas Project.", said Jillian Evanko,
CEO of Chart Industries Inc.
"We are excited to have such an experienced and technically strong team executing our
Phase 2 project on a turnkey basis, and we have every confidence that the skillset they bring
to the table and when combined with Worley who will be responsible to manage and oversee
the contractors in official capacity as Owners Engineer, reduces the execution risk
tremendously on Phase 2. This represents another major milestone, and one of very few
remaining towards commencement of construction of Phase 2, said Stefano Marani, CEO of
Renergen.
18 June 2025
Designated Advisor
PSG Capital
www.renergen.co.za
For all media relations, please contact:
investorrelations@renergen.co.za
Date: 18-06-2025 03:00:00
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