Primoris Services Corporation Awarded $130 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 $130 million. The contract was secured by the Company’s Energy/Renewables Segment.
“This project is another great example of our segments working together to provide a complete solution for our clients,” said Tom McCormick, President and Chief Executive Officer of Primoris. “In addition to the photovoltaic work that our Energy/Renewables Segment will execute, our Utilities Segment will perform the high-voltage work.”
The award is for the engineering, procurement and construction of a utility-scale solar facility in the South. Initial project construction will begin in the fourth quarter of 2022 with completion of the project expected in the third 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.
