Primoris Services Corporation Receives Renewables Projects Valued Over $200 Million
Primoris Services Corporation (NYSE: PRIM) announced receiving two renewable project awards totaling over $200 million. These projects contribute to the Company’s existing backlog of over $3 billion in its Energy Segment. The significant projects include a carbon capture utilization and storage pipeline in the Midwest, expected to commence in Q2 2024, and a utility-scale solar facility in the Southwest, slated to start construction in Q3 2023 with expected completion in Q3 2024. The Company emphasizes its capability to adapt to the energy transition and its strong client relationships supporting ongoing utility-scale solar work.
- Received awards for renewable projects valued over $200 million.
- Expands backlog to more than $3 billion in the Energy Segment.
- Demonstrates adaptability with new carbon capture project.
- Strong relationships leading to continued utility-scale solar contracts.
- None.
“These awards add over
The engineering, procurement and construction of a utility-scale solar facility in the Southwest is expected to begin in the third quarter of 2023 with completion of the project expected in the third quarter of 2024.
About Primoris
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Vice President, Investor Relations
214-545-6773
bholcomb@prim.com
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FAQ
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