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Jacobs Will Redevelop South Brooklyn Marine Terminal

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Jacobs (NYSE:J) has been awarded a contract by Empire Offshore Wind for the detailed design of the South Brooklyn Marine Terminal (SBMT). This terminal will serve as a key operations and maintenance hub for offshore wind farms off Long Island. The redevelopment of over 70 acres will boost clean energy production and reduce carbon emissions, providing energy to over two million homes. Construction is expected to start in the second half of 2023, supporting local job creation in the renewable energy sector.

Positive
  • Contract awarded for detailed design of SBMT supports New York's renewable energy transition.
  • Project will create jobs and economic benefits for the local Brooklyn community.
  • The SBMT redevelopment will enhance infrastructure to support offshore wind energy goals.
Negative
  • None.

Project will advance New York's offshore wind goals and create renewable energy, economic opportunity

DALLAS, March 30, 2022 /PRNewswire/ -- Jacobs (NYSE:J) was selected by Empire Offshore Wind, a joint venture between Equinor and bp, for the detail design of New York's South Brooklyn Marine Terminal (SBMT). The facility, located in Sunset Park, Brooklyn, will serve as an operations and maintenance base and staging and assembly port for wind turbine installation. SBMT will support the Empire Wind and Beacon Wind offshore wind farms in development off the coast of Long Island, New York. Once completed, the projects will reduce carbon emissions while providing clean energy to more than two million New York homes. 

The site redevelopment will transform more than 70 acres of underutilized property in the Sunset Park neighborhood of Brooklyn into a vibrant, working waterfront. Expected to be one of the largest offshore wind port facilities in the nation, the site will contribute to New York's clean energy transition and provide direct economic benefits to the local community, including jobs in the renewable energy sector.

"Designing infrastructure to revitalize communities and help meet our future sustainability goals is at the core of our purpose," said Jacobs Buildings & Infrastructure Americas North Region Senior Vice President Gary Morris. "We share the mission of New York City and State to meet critical climate adaptation needs and to accelerate clean energy options through development of the SBMT."

The architectural and engineering design services contract includes oversight for the modification of existing bulkheads to strengthen and accommodate heavy lift operations, upland site redevelopment, coordination with ongoing remediation efforts, dredging, a new green operations and maintenance facility, new docking facilities for crew transfer and service operation vessels, utility upgrade, permitting and construction support. All services will be led out of Jacobs' New York City office, supported by a team of local New York-based partners, many of whom live in the Brooklyn neighborhoods near the project site.

"Following our recently announced agreement to transform the South Brooklyn Marine Terminal, Equinor and bp are moving forward with this next step in realizing our offshore wind hub vision. The contract award will bring direct jobs to the local community, leaning on Jacobs' expertise to advance these vital port facilities to support Empire Wind, Beacon Wind and the wider offshore wind industry," said acting Vice President Empire Wind and Beacon Wind, Equinor Renewables U.S. Teddy Muhlfelder

Engineering and design began in March 2022, with construction anticipated to start at SBMT during the second half of 2023. 

At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good. With $14 billion in revenue and a talent force of approximately 55,000, Jacobs provides a full spectrum of professional services including consulting, technical, scientific and project delivery for the government and private sector. Visit jacobs.com and connect with Jacobs on Facebook, InstagramLinkedIn and Twitter.

Certain statements contained in this press release constitute forward-looking statements as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to be covered by the safe harbor provided by the same. Statements made in this release that are not based on historical fact are forward-looking statements. We base these forward-looking statements on management's current estimates and expectations as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from our forward-looking statements, including, but not limited to, the impact of the COVID-19 pandemic, including the emergence and spread of variants of COVID-19, the efficacy and availability of vaccines and treatments, and the related reaction of governments on global and regional market conditions and the company's business. For a description of some additional factors that may occur that could cause actual results to differ from our forward-looking statements, see the discussions contained under Item 1 - Business; Item 1A - Risk Factors; Item 3 - Legal Proceedings; and Item 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations in our most recently filed Annual Report on Form 10-K, ,and Item 2 - Management's Discussion and Analysis of Financial Condition and Results of Operations; Item 1 - Legal Proceedings; and Item 1A - Risk Factors in our most recently filed Quarterly Report on Form 10-Q, as well as the company's other filings with the Securities and Exchange Commission. The company is not under any duty to update any of the forward-looking statements after the date of this press release to conform to actual results, except as required by applicable law.

For press/media inquiries:
Kerrie Sparks
214.583.8433

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FAQ

What is Jacobs' recent contract related to offshore wind projects?

Jacobs has been awarded a contract by Empire Offshore Wind for the detailed design of the South Brooklyn Marine Terminal (SBMT) to support offshore wind farms.

How will the South Brooklyn Marine Terminal contribute to New York's energy goals?

The SBMT will serve as an operations and maintenance base for offshore wind farms, contributing to the clean energy supply for over two million homes in New York.

When is construction expected to start for the South Brooklyn Marine Terminal?

Construction for the SBMT is anticipated to begin in the second half of 2023.

What are the economic impacts of the SBMT project?

The redevelopment will create direct jobs and economic opportunities for the local Brooklyn community.

How much area will be transformed for the SBMT project?

Over 70 acres of underutilized property in Sunset Park, Brooklyn, will be transformed into the South Brooklyn Marine Terminal.

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