Primoris Services Pockets Over $155M In Energy/Renewables Segment Contracts

April 7, 2022 9:32 AM | 1 min read | Make a Comment

Primoris Services Corp PRIM has secured two projects with a combined value of more than $155 million. The awards were secured by the company's Energy/Renewables Segment in Texas and Florida.
Texas Department of Transportation awarded the Heavy Civil contract, valued at more than $48 million. The project will commence in 2Q22 and is expected to be completed in 4Q24.
Water & Mechanical project, valued at over $110 million, is scheduled to begin in 2Q22 and be completed by 1Q25.
Price Action: PRIM shares traded higher by 0.91% at $25.23 on the last check Thursday.

Posted In: News Contracts Small Cap Briefs

Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.