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NV5 Awarded $8M LNG Upgrade Contract By Northeast Utility

HOLLYWOOD, Fla., Nov. 19, 2020 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (NASDAQ:NVEE), a provider of compliance, technology, and engineering consulting solutions, announced

· 11/19/2020 08:12

HOLLYWOOD, Fla., Nov. 19, 2020 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (NASDAQ:NVEE), a provider of compliance, technology, and engineering consulting solutions, announced today that it has been selected to provide $8 million in engineering, procurement, and construction (EPC) services to upgrade a liquefied natural gas (LNG) facility owned and operated by a Northeast utility. The improvements are part of a multi-phase project, and NV5 was previously awarded the engineering and design for the upgrade. The updated facility will increase the safety, efficiency, and reliability of the gas supply to the utility’s service area.

“We have seen significant growth in this sector as we support utility investments to modernize the electrical grid and gas distribution infrastructure and improve the reliability and safety of transmission and distribution,” said Dickerson Wright, PE, Chairman and CEO of NV5. “NV5’s expertise in engineering design, inspection, quality assurance, and geospatial solutions for the utility industry provides a turnkey solution for our clients and a competitive advantage for our Utility Services vertical.”

“We are pleased to contribute to the reliable delivery of natural gas to our utility clients’ service areas through improvements to the safety and efficiency of their liquefaction and other plant systems,” said Peter Dirksen, PE, President of NV5 LNG Services.