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Primoris Services Gets $1.2 Billion Project Awards
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Primoris Services Gets $1.2 Billion Project Awards
Jul 16, 2024 1:54 PM

04:40 PM EDT, 07/16/2024 (MT Newswires) -- Primoris Services ( PRIM ) said Tuesday its Energy segment has secured project awards with a total value of about $1.2 billion.

The awards include nearly $700 million contracted in Q2 and over $500 million booked early in Q3, the company said.

The projects comprise of $1.1 billion for the engineering, procurement and construction of solar projects and about $100 million to expand multiple combustion gas turbine generators, Primoris said.

The projects are scheduled to begin mobilization in the second half of 2024 through the second quarter of 2025, it said.

Price: 53.75, Change: +0.79, Percent Change: +1.49

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