Primoris Services Corporation announced multiple solar project awards with an estimated value of $290 million. The contracts were secured by the Company’s Energy/Renewables Segment in the fourth quarter of 2022.
“These awards align with our market strategy by expanding our presence in new geographies and diversifying our scope of work with smaller utility-scale solar projects”
“These awards align with our market strategy by expanding our presence in new geographies and diversifying our scope of work with smaller utility-scale solar projects,” said Tom McCormick, President and Chief Executive Officer of Primoris. “We prioritize supporting the needs of our clients and these awards demonstrate the value our customers place on our services.”
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The awards are for the engineering, procurement and construction of utility-scale solar facilities in the Midwest. The primary scope of this award includes all civil, electrical and mechanical work. Initial construction will begin in the first quarter of 2023 with completion expected in the second quarter of 2024.
Primoris Services Corporation is a leading specialty contractor providing critical infrastructure services to the utility, energy/renewables and pipeline services markets throughout the United States and Canada. The Company supports a diversified base of blue-chip customers with engineering, procurement, construction and maintenance services. A focus on multi-year master service agreements and an expanded presence in higher-margin, higher-growth markets such as utility-scale solar facility installations, renewable fuels, power delivery systems and communications infrastructure have also increased the Company’s potential for long-term growth.
SOURCE: Businesswire