Stantec signs letter of intent to acquire Engenium, deepening sustainable mining project delivery and advisory service capabi...
April 08 2021 - 6:45AM
Global engineering and design firm Stantec has signed a letter of
intent (set to close in Q2 2021) to acquire Engenium, a project
delivery consultancy specializing in the delivery of mining,
resources, and industrial infrastructure projects. The acquisition
of Engenium comes on the heels of Stantec’s recent addition of
Australia-based transportation planning and engineering firm GTA
Consultants, further expanding Stantec’s footprint in Australia.
The financial terms of the transaction were not disclosed.
Founded in 2003, Engenium has developed a reputation as a
trusted multi-discipline engineering and advisory services
consultancy—having assisted many of Australia’s most influential
mining, resources, and industrial infrastructure clients in the
delivery of their projects, from concept through production. Most
recently, the firm has helped large-scale partners transition to
renewable energy, develop battery minerals projects, and achieve
critical sustainability goals and objectives.
“Engenium and Stantec share a passion for applying sustainable
best practices to projects across the globe,” said Gord Johnston,
President and Chief Executive Officer, Stantec. “It’s exciting to
welcome Engenium to our team as we look to add depth and expertise
to our existing mining business in Australia and beyond. Engenium’s
experience in mine development, mineral processing, and renewable
energy operations builds on our track record of sustainable project
delivery and support of energy transition.”
Headquartered in Perth, Western Australia, Engenium has
multi-year framework agreements with many of the country’s major
local mining houses and is involved in both brownfield and new
greenfield project developments. Additionally, the team is at the
forefront of decarbonization and clean energy technology, having
worked on studies, pilot plants, and full-scale production plants
to advance critical minerals projects into an operational state to
meet global demand.
Recently, Engenium has helped large-scale mining clients
implement green energy into their operations—this includes solar
power, battery energy systems, steam regeneration, wind, and other
renewable energy sources. The global push towards decarbonization
and addressing climate change has driven long-term demand not only
for iron ore but also nickel, copper, lithium, manganese, cobalt,
and other materials needed in batteries, solar power, wind power,
and carbon capture technologies.
More and more mining companies are directly addressing
decarbonization in their operational objectives and looking to
diversify their energy mix from pure fossil fuels, with the vast
majority moving to increase renewable energy into their operations.
Engenium’s complementary skillset, size, and reputation will be
invaluable to the sustainability and growth of Stantec’s existing
business in Australia and beyond.
Some notable projects in Engenium’s portfolio include
- Goldfields Solar Projects - Engenium managed
the project development and execution stages of the TransAlta Solar
and Steamers Energy Project in the Goldfields region of Western
Australia. Once complete, the facility will provide power to Mount
Keith and Leinster mining operations and supply smaller mining
operations within the region.
- Chichester Solar/Gas Hybrid Energy Project -
Engenium managed the construction execution of the Alinta Energy
Chichester Solar/Gas Hybrid Energy Project in the Pilbara region of
Western Australia. This facility will provide power to nearby
mining operations, as well as service future clients along the
transmission route.
- Pilgangoora Lithium Project - A Greenfields
mine development located southeast of Port Hedland in the Pilbara
Region of Western Australia. The first stage targeted production of
2 million metric tonnes per annum (MTPA) of lithium and
tantalum-based products. Engenium was engaged by Pilbara Minerals
to provide project delivery expertise to the corporate owner’s team
to assist them in delivering the project through to
commissioning.
- Mardie Salt and Potash Project - Engenium is
providing project management services to BCI Minerals to develop a
large-scale, multi-generational solar evaporation operation on the
Pilbara coast of Western Australia. The consultancy’s scope
includes project management, project controls, contract
administration, and construction management of a new greenfield
project that will produce high purity sodium chloride (NaCl) salt
and sulphate of potash (SOP) fertilizer to supply to the growing
chemical and agricultural industries. Engenium was engaged as the
Project Management Consultant for the project.
“Joining Stantec enhances our ability to service larger
projects, with the depth of a global firm that operates on all
seven continents,” said Wayne Peel, Managing Director for Engenium.
“Stantec’s values align with our commitment to sustainability
leadership, and to putting people first. We are thrilled to join
their global community.”
Continued Regional GrowthEngenium will bring a
team of 170+ project and technical staff, with offices in Perth,
Karratha, Newcastle, and Brisbane, enhancing Stantec’s existing
foothold. With 22,000 team members working worldwide, Stantec has
approximately 1100 employees based in Australia. Within the last
five years, Stantec has previously announced or completed five
acquisitions to broaden its overall presence in the Australia/New
Zealand market, including MWH Global, Traffic Design Group, Wood
& Grieve Engineers, GTA Consultants, and now Engenium. The
region is among the key geographic areas for growth articulated in
the firm’s strategic plan.
Maintaining a Sustainable FocusThe acquisition
of Engenium, with its strong focus on renewable energy and the
energy transition, is also a continuation of Stantec’s commitment
to sustainability. Earlier this year, the firm pledged to a
science-based emission reduction target as a first step
in achieving operational net-zero by 2030 across its entire
global footprint. As a reflection of the company’s operational
sustainability practices and generation of clean revenue (e.g.,
goods and services that have a clear environmental and social
benefit), Stantec was named the fifth most sustainable company in
the world and first in North America by Corporate Knights in
2021.
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and client relationships. Balancing these priorities results in
projects that advance the quality of life in communities across the
globe.
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visit Responding to COVID-19.
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923-6085danny.craig@stantec.com
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