SPY314.38-1.80 -0.57%
DIA257.24-3.48 -1.33%
IXIC10,547.75+55.25 0.53%

Primoris Services Corporation Announces Solar Award Valued Over $95M

DALLAS, June 24, 2020 (GLOBE NEWSWIRE) -- Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or “Company”) today announced a new solar award valued over $95 million. The

Benzinga · -

DALLAS, June 24, 2020 (GLOBE NEWSWIRE) -- Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or “Company”) today announced a new solar award valued over $95 million. The contract was secured by the Power, Industrial, & Engineering segment. 

  • The award is for the engineering, procurement, and construction of a utility-scale solar facility in the Southwest. 
  • The $95 million award value excludes approximately $10 million previously announced as a Limited Notice to Proceed on June 1.
  • Work will commence in the third quarter of 2020, and completion is expected by the end of 2021.