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Update: AtkinsRealis Rises 3% as Secures a Contract to Improve Puerto Rico's Power Grid
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Update: AtkinsRealis Rises 3% as Secures a Contract to Improve Puerto Rico's Power Grid
Mar 24, 2025 9:53 AM

12:30 PM EDT, 03/24/2025 (MT Newswires) -- (Updates shares.)

AtkinsRealis Group ( SNCAF ) said Monday it secured a contract to "improve, strengthen and harden" Puerto Rico's transmission and distribution operations infrastructure.

The company said it is providing architectural, environmental, engineering, right of way engineering, construction engineering, construction management and project management services to LUMA Energy ServCo, which operates Puerto Rico's Electric Transmission and Distribution system on behalf of the Puerto Rico Electric Power Authority.

Additional services include permitting and environmental studies, environmental and historical preservation plan development, design phase services, construction phase services, public outreach and meeting facilitation, AtkinsRealis ( SNCAF ) said.

"From concept to commissioning we have established ourselves as a world-class integrator of technologies and professional services across the energy landscape," said chief executive Ian Edwards. "Our end-to-end power delivery capabilities draw upon 100 years of experience assisting clients improve their existing systems and build assets capable of meeting the needs of their customers of today and tomorrow."

AtkinsRealis ( SNCAF ) shares were last seen up $2.25 to $71.61 on the Toronto Stock Exchange.

Price: 71.61, Change: +2.25, Percent Change: +3.24

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