Primoris Services Corporation (PRIM) announced on Wednesday that its Energy Segment had been awarded contracts for a solar project with a total estimated value of about $230 million.
The project will involve the engineering, procurement, and construction of three utility-scale solar facilities located in the Southwest.
According to Primoris Services Corporation, the contracts were secured in the third quarter of 2023, and the projects are expected to begin construction in the fourth quarter of the same year.
The construction phase is anticipated to last until the second half of 2024, at which point the facilities will be fully operational and ready to generate renewable energy.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.