INVESTMENTS
SYDNEY HARBOUR TUNNEL
The Sydney Harbour Tunnel contract was awarded to joint venture partners Transfield and Kumagai Gumi in 1987. This privately financed $750 million tunnel was Australia’s first significant Build Own Operate Transfer (BOOT) project and is possibly Transfield’s most widely known enterprise.
Construction started in 1988 on the 4 lane, 2.3 km tunnel designed to reduce congestion on the Sydney Harbour Bridge.
Immersed tube technology was utilised and reinforced concrete caissons were constructed, floated into position and lowered onto the sea bed.
The Sydney Harbour Tunnel opened to the public in 1992 and is now used by an average of 90,000 vehicles per day.
Today Transfield Holdings owns the Sydney Harbour Tunnel Company in a joint venture with Kumagai Gumi and Olbia Pty Limited.
Key Past Projects & Investments
ANZAC SHIP PROJECT
In 1989 Transfield won a $5 billion tender for the construction of eight frigates for the Royal Australian Navy, and a further two for the Royal New Zealand Navy.
BRISBANE AIRTRAIN
Transfield developed and built the Brisbane Airport Rail Link (BARL), its second rail PFI following Sydney’s Airport Rail Link.
CAMPUS LIVING VILLAGES
Transfield Holdings acquired a 50% share in Tuscan Corporation’s student accommodation business, Campus Living in 2004.
CHARTER HALL
In 2004 Transfield Holdings bought a 50% share in Charter Hall, a company that undertakes property funds management, development management, property investment banking and property management.
MACARTHUR WATER TREATMENT PLANT
The Transfield and United Utilities (formerly North West Water) joint venture won the Macarthur Water Filtration Plant project at Appina year after successfully bidding for Australia’s first BOOT water-works at Yan Yean.
MELBOURNE CITYLINK
In May 1995 the Transurban consortium, led by Transfield Holdings and Obayashi Corporation of Japan, won the $2.2 billion (1995) 30 year Melbourne CityLink (BOOT) concession.
NOVATEC SOLAR
Novatec has successfully designed and commissioned a Concentrated Solar Power (CSP) system based on Linear Fresnel technology.
PERISHER
Perisher is Australia’s largest ski resort with 47 ski lifts and a capacity of over 51,000 skiers lifted per hour. Transfield formed a joint venture with Japanese company Kumagai Gumi in the mid 1980s and led development of several major projects in the New South Wales Snowy Mountains.
SYDNEY AIRPORT RAIL LINK
Transfield and Bouygues established Airport Link Co. Pty Ltd in 1995 to develop Sydney’s Airport Rail Link. The Rail Link was Australia's first Private Finance Initiative (PFI) rail project, involving expenditure of $762 million.
TOWNSVILLE POWER STATION
The Queensland Transmission and Supply Corporation selected Transfield from a field of 30 bidders to provide the 160 megawatt Townsville Power Station in Queensland’s north.
TRANSFIELD SERVICES
Transfield listed its operations and maintenance division – Transfield Services (TSE) – in 2001 on the Australian Stock Exchange.
WALSH BAY REDEVELOPMENT PROJECT
The Walsh Bay Partnership (WBP) between Transfield and Mirvac was formed in 1997.
YAN YEAN WATER TREATMENT PLANT
Transfield undertook the Yan Yean Water Treatment Plant project in joint venture with United Utilities (formerly North West Water).