Primoris Services Energy/Renewables Segment Bags $32M In Contracts

Primoris Services Corp PRIM has received two heavy civil awards with a combined value of more than $32 million.
The projects were secured by Energy/Renewables Segment and awarded by the Texas Department of Transportation.
The first project is to construct a section of highway SL 121 in Bell County, Texas, scheduled to start in 1Q22, with completion expected in 2Q24.
The second project involves the replacement of a bridge in Harris County, Texas, scheduled to start in 1Q22 with completion expected in 2Q23.
Price Action: PRIM shares are trading higher by 1.92% at $23.92 on the last check Tuesday.

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