PowerSecure Announces $25M of New Business
PowerSecure International, Inc. (NYSE: POWR) today announced it has been
awarded approximately $25 million of new business.
The new business awards include approximately $15 million of additional
utility infrastructure (UI) business, approximately $7 million of new
turnkey distributed generation (DG) business and approximately $3
million in new energy efficiency (EE) sales.
The $15 million in new UI awards include substation, transmission and
distribution work for ongoing utility system maintenance and
construction projects, primarily for large utilities and large
industrial sites. This work includes substantial new distribution and
transmission projects for utilities in the Midwest, Southeast and South
Central United States that are investing to upgrade their existing