Primoris Services Corporation Awarded $120 Million Solar Project – EQ Mag Pro
DALLAS : Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or the “Company”) today announced a solar project with an estimated value of $120 million. The contract was secured by the Company’s Energy/Renewables Segment.
“Our Energy/Renewables team continues to execute at an exceptional level that brings clients back to us,” said Tom McCormick, President and Chief Executive Officer of Primoris. “We value these strong and ongoing relationships.”
“This will be our sixth contract with this solar customer and our eighth project in the Southwest region,” McCormick added. Primoris now has more than $1.4 billion in solar projects completed or under construction in the region.
The award is for the engineering, procurement and construction of a utility-scale solar facility in the Southwest. Initial project construction will begin in the second quarter of 2022 with completion of the project expected in the first quarter of 2023.
ABOUT PRIMORIS
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, electrical transmission and distribution systems and communications infrastructure have also increased the Company’s potential for long-term growth.
