EGP Energy Corporation Secures New BESS Contract, Order Book Hits S\$302.4 Million After SGX Debut
Key Highlights
- New Contract Win: EGP Energy Corporation Limited (“EGP Energy”) has secured a new transmission and distribution (T&D) project worth approximately S\$1.1 million, marking its first contract announcement after its Mainboard debut on the Singapore Exchange (SGX).
- Order Book Surges: This win boosts EGP Energy’s total order book to S\$302.4 million, a significant increase and a key metric for future revenue visibility.
- Project Details: The new project involves the supply of a 66kV switchgear for a Battery Energy Storage System (BESS) in Singapore, expected to be completed by Q1 2027. The client is a Singapore-based engineering company specializing in mechanical and electrical (M&E) engineering services, technical manpower, and equipment sourcing.
- Revenue Multiple: The current order book stands at approximately 7.8 times the Group’s FY2025 revenue of S\$39.0 million, underlining robust growth and operational momentum.
- Sector Positioning: EGP Energy maintains a market-leading share in Singapore’s EHV/HV switchgear segment, with an estimated 37.5% market share in 2025 and 24.9% overall in EHV and HV switchgear and transformers combined.
- Growth Drivers: The Group is well-positioned to benefit from expanding energy infrastructure demand, driven by data centres, semiconductor manufacturing, and electrification efforts in Singapore.
- Innovative Capabilities: EGP Energy also provides autonomous quadruped robot solutions for inspection and maintenance of electrical infrastructure, including challenging environments like underground tunnels.
- SGX Listing: EGP Energy was listed on the Mainboard of SGX on 29 July 2026 under the stock code “EGX”.
Details Investors Should Note
- Order Book as a Leading Indicator: The S\$302.4 million order book provides strong revenue visibility through 2031. This backlog is a key signal of sustained operational activity and future earnings, especially as it is nearly eight times the FY2025 revenue base—a metric that may attract investor attention.
- Sector Momentum: The announcement highlights a favourable industry outlook, with investments in Singapore’s electrical infrastructure accelerating to support growing energy demand from mission-critical sectors (e.g., data centres, semiconductors). This macro trend supports the Group’s growth runway.
- New Business in Battery Energy Storage: The contract for the 66kV switchgear for a BESS positions EGP Energy as a critical enabler of Singapore’s energy transition. BESS infrastructure supports grid resilience and renewable energy integration—a strategic growth area that could further improve investor sentiment.
- Market Leadership: EGP Energy’s dominant market share in EHV/HV switchgear and transformers adds credibility and defensibility to its business model, which may positively influence valuation multiples.
- Innovation: The Group’s deployment of autonomous robots for infrastructure maintenance demonstrates a commitment to technology and operational efficiency, potentially reducing costs and improving margins in the long run.
- Price Sensitivity: The substantial order book relative to current revenue, market leadership, and entry into high-growth verticals (like BESS and robotics) are all potentially price-sensitive and could impact the share price, especially in the context of EGP Energy’s recent SGX listing.
Management Commentary
Mr Frankie Fan (范克), Executive Chairman and CEO, commented, “This project underscores EGP Energy’s capability in delivering high-voltage electrical infrastructure for Singapore’s energy sector, and strengthens our track record in BESS infrastructure, a key component of the country’s energy transition that supports grid resilience and renewable energy integration. Our order book now stands at S\$302.4 million, reflecting the broader momentum in Singapore’s electrical infrastructure sector, as investment continues to flow in to meet growing energy demand from data centres, semiconductor manufacturing, and electrification. With over three decades in the T&D industry, we are well positioned to capture these growth opportunities.”
Company Profile
EGP Energy Corporation Limited is a leading provider of electrical infrastructure solutions for transmission and distribution (T&D) projects in Singapore. The Group’s services span EPC management, supply, installation, commissioning, and maintenance of EHV/HV/MV equipment, as well as project consulting and autonomous robotic servicing solutions. EGP Energy commands a market-leading position in Singapore’s EHV/HV switchgear and transformer markets, with significant market share and a track record built over three decades.
Contact Information
- Media Contact: August Consulting
- Tel: (65) 6733 8873
- Email: [email protected], [email protected], [email protected]
Disclaimer: This article is for informational purposes only and does not constitute investment advice or an offer to buy or sell securities. Investors are advised to conduct their own research or consult financial advisors before making any investment decisions. The author assumes no responsibility for any investment actions taken based on this article.
EGP能源公司赢得新BESS合同，订单总额在新交所上市后增至3.024亿新元
要点摘要
- 新合同签署：EGP能源公司（EGP Energy）获得一份价值约110万新元的输变电（T&D）项目，这是公司在新加坡交易所（SGX）主板上市后首项公布的合同。
- 订单激增：此次中标使EGP Energy的订单总额增至3.024亿新元，显著提升了未来收入的可见性。
- 项目细节：新项目内容为新加坡一套66千伏电池储能系统（BESS）开关设备，预计2027年第一季度完成。客户是一家新加坡本土从事机电工程、技术劳务和设备零配件采购的公司。
- 收入倍数：当前订单总额约为2025财年收入（3900万新元）的7.8倍，显示出强劲增长和业务动能。
- 行业地位：EGP Energy在新加坡特高压/高压（EHV/HV）开关设备市场中占据领先地位，2025年市场份额估计为37.5%，EHV和HV整体市场份额24.9%。
- 增长驱动：数据中心、半导体制造和电气化推动新加坡电力基础设施投资，公司有望受益于行业扩张。
- 创新能力：公司还提供用于电力设施检修的自主四足机器人，可在地下隧道等复杂场景作业。
- 新交所上市：EGP Energy于2026年7月29日在新加坡交易所主板上市，股票代码“EGX”。
投资者需关注的细节
- 订单可见性：3.024亿新元的订单储备为公司2031年前的营收提供强力保障，订单量是当前收入的近8倍，对未来业绩有显著拉动。
- 行业景气：电气基础设施投资加速，数据中心和半导体等下游需求强劲，为公司持续增长提供行业红利。
- BESS新赛道：本次BESS合同涉及储能基础设施，有助于公司切入电网韧性和可再生能源整合的关键领域，提升资本市场关注度。
- 市场领导力：在EHV/HV领域的龙头地位确保了公司业务模式的护城河，有助于提升估值。
- 技术创新：自主机器人运维方案有望带来成本优化和利润提升空间。
- 股价敏感因素：高订单储备、行业领先地位及BESS和机器人等新业务拓展，均为潜在价格敏感事项，或影响近期股价表现。
管理层观点
执行主席兼首席执行官范克先生表示：“本项目彰显了EGP Energy在新加坡能源领域交付高压电气基础设施的能力，也巩固了我们在BESS基础设施领域的业绩，这对支持电网韧性和可再生能源整合具有关键作用。订单总额已达3.024亿新元，反映新加坡电气基础设施行业整体向好，我们有能力把握数据中心、半导体等新兴需求带来的增长机会。”
公司简介
EGP能源公司是新加坡领先的输变电基础设施整体解决方案供应商，服务涵盖EPC管理、电气设备供应、安装、调试、维护以及自主机器人运维。公司在特高压/高压开关设备和变压器市场中处于领先地位，拥有超过三十年行业经验和强大业绩积累。
联系方式
- 公关联系人：August Consulting
- 电话：(65) 6733 8873
- 邮箱：[email protected], [email protected], [email protected]
免责声明：本新闻稿仅供参考，不构成投资建议或证券买卖要约。投资者应在投资前自行调研或咨询专业人士。作者不对因本文内容导致的任何投资行为负责。
