PowerSecure International (POWR +6.6%) says it's added $75M to its revenue backlog, including about $49M from a renewed and expanded three year utility infrastructure award to serve one of the nation's largest investor owned utilities. The new contract represents an increase of approximately 50% over last year's work levels. Additionally, the new business awards include around $18M of new distributed generation business, $4M of additional new utility infrastructure business, and about $4M in new energy efficiency sales.
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