Primoris Services (PRIM) Receives Solar Project Award

Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or “Company”) today announced a solar project award with an estimated value of $130 million. The contract was secured by the Company’s Energy/Renewables Segment.

“This is a significant contract, not just by its size, but for what it says about the strength of our customer relationships,” said Tom McCormick, President and Chief Executive Officer of Primoris. “Being chosen by clients on a repeat basis – in this case for our fourth project – is a real point of pride for our entire team in this partnership. For our renewables team especially, it demonstrates our ability to successfully execute our work.”

The award is for the engineering, procurement and construction of a utility-scale solar facility in the Southwest. Initial project construction will begin in the first quarter of 2022 with completion of the project expected in the fourth quarter of 2022.

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