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PRIM - Primoris Services wins project awards valued at ~$1.2B
Primoris Services Corporation
2024-07-16 16:18:16 ET
Primoris Services ( NYSE: PRIM ) +1.9% post-market Tuesday after saying it received several awards in its energy business with a combined value of ~$1.2B , comprised of nearly $700M contracted in Q2 and more than $500M booked early in Q3.
The projects consist of $1.1B for the engineering, procurement and construction of utility-scale solar projects and ~$100M for the expansion of multiple combustion gas turbine generators, the company said.