Primoris Awarded $120 Million Contract for Solar Project

May 06, 2022. By News Bureau

Dallas-based infrastructure company Primoris Services Corporation announced that the company's Energy/Renewables segment has secured a contract for a solar project with an estimated value of $120 million.

The company is a leading player in the renewable space, being a specialty contractor providing critical infrastructure services to the utility, energy/renewables and pipeline services markets throughout North America.

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.

“Our Energy/Renewables team continues to execute at an exceptional level that brings clients back to us,” said Tom McCormick, President and Chief Executive Officer, Primoris. “We value these strong and ongoing relationships.”

“This will be our sixth contract with this solar customer and our eighth project in the Southwest region,” McCormick added.

The company now has solar projects amounting to more than $1.4 billion, completed or under construction in the region.

The contract awarded is for the development, procurement and establishment of a utility-scale solar facility in the Southwest.

The initial construction for the project will commence in the second quarter of 2022 and the completion of the project is estimated to be in the first quarter of 2023.

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