Primoris Services awarded $270M solar project

Aug. 23, 2022 8:46 AM ETPrimoris Services Corporation (PRIM)By: Deepa Sarvaiya, SA News Editor
  • Primoris Services (NASDAQ:PRIM) energy/renewables segment secures a $270M solar project award. 

  • The award is for the engineering, procurement, and construction of a utility-scale solar facility in the Southwest, adding approximately 500 megawatts to over 3,900 megawatts of solar power projects which the company currently has under construction.

  • Initial project construction will begin in the 4Q22 with completion of the project expected in the 4Q23.

  • Earlier in the month the company reported Q2 results.

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