Downer EDi (ASX code: DOW) is an Australian company specialising in engineering and infrastructure management services to the power, rail, road, telecommunications, mining and mineral processing industries within Australia. The Australian Stock Exchange, or ASX, is the organisation responsible for the operation of Australias primary stock exchange. ...
Melbourne/Victoria rail projects
Downer EDI's EDi Rail division has undertaken several projects/tasks in Melbourne, Australia, such as: Melbourne is the capital and largest city of the state of Victoria, and the second largest city in Australia (after Sydney), with a population of 3. ...
Electrification of the Cranbourne line, formerly served by a diesel service.
Rehabilitation of the overhead wires on the Upfield and Pakenham (Dandenong-PAK section) lines.
Track maintenance for Freight Australia
Refurbishment of 98 Comeng trains for Bayside Trains, and later M>Train.
They were also involved in the construction of the light rail in Sydney and Cross City tunnel, Australia, and were also the manufacturer of Sydney's Millennium train. The Cranbourne railway line is a suburban railway in Melbourne, Australia. ... The Upfield railway line is a suburban railway in Melbourne, Australia. ... The Pakenham railway line is a suburban railway in Melbourne, Australia. ... The title given to this article is incorrect due to technical limitations. ... This article is about light rail systems in general. ... Sydney Harbour looking south from the vicinity of the Sydney Harbour Bridge towards the CBD skyline; the Opera House is visible in the background on the left. ... The Millennium train M Set is CityRails (Sydney) newest member of the electric fleet (4th generation train), manufactured by EDi Rail, in Newcastle. ...
Divisions
Divisions of Downer EDi include:
Downer Engineering - electrical, telecommunications, and construction engineering services
DownerEDI Limited (DownerEDI) provides comprehensive engineering and infrastructure management services to the public and private power, rail, road, telecommunications, mining and mineral processing sectors in Australia, New Zealand, Asia and the Pacific.
DownerEDI is selling at a discount to these companies, considering its forward work and that 70 per cent of its business is derived from engineering services rather than construction and fabrication.
DownerEDI appears to be undervalued and management is confident of delivering growth for the next two years.