Acquiring Company
SPIE Global Services Energy
Acquired Company
Worley Power Services
Description
SPIE Global Services Energy has completed the acquisition of Worley Power Services, strengthening its position in Australia’s energy market. The integrated business will now operate as SPIE Power Services under a newly formed Australian Business Unit. This acquisition enhances SPIE's capabilities in managing energy infrastructure and supports the transition towards low-carbon generation.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Worley Power Services?
Worley Power Services was acquired by SPIE Global Services Energy, based in Australia. The deal was reported on August 21, 2026. SPIE Global Services Energy is a subsidiary of SPIE, focusing on providing energy services and solutions. The company enhances its market presence through strategic acquisitions. SPIE Global Services Energy is privately held and operates in Energy.
When did SPIE Global Services Energy acquire Worley Power Services?
SPIE Global Services Energy's acquisition of Worley Power Services was reported on August 21, 2026. SPIE Global Services Energy has completed the acquisition of Worley Power Services, strengthening its position in Australia’s energy market. The integrated business will now operate as SPIE Power Services under a newly formed Australian Business Unit. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Worley Power Services do?
Worley Power Services specializes in managing energy generation assets. The company has a strong emphasis on low-carbon electricity production. With over 20 years of industry experience, it operates multiple energy infrastructure sites. It is privately held, operating in Oil And Gas, and is based in Oman.
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