Tetra Tech Wins $38.8 Million USAID Sustainable Energy Services Contract
February 23 2021 - 9:00AM
Business Wire
Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end
consulting and engineering services, announced today that the
United States Agency for International Development (USAID) awarded
the Company a five-year, $38.8 million, single-award Sustainable
Energy for Indonesia’s Advancing Resilience (USAID SINAR) contract
to support Indonesia in delivering reliable and sustainable energy
services.
Through USAID SINAR, Tetra Tech energy specialists will develop
innovative solutions to accelerate the deployment of sustainable
energy systems, promote transparent and consistent policies, and
modernize utility services. Tetra Tech will also work with USAID
and the Government of Indonesia to achieve its sustainable
development goals in the energy sector, including expanding and
improving energy services and increasing use of renewable energy
resources. Tetra Tech will promote integration of smart grid
technologies, including battery storage, for the effective
distribution of sustainable, renewable energy that will drive
fundamental energy sector transformation.
“Tetra Tech has supported USAID’s sustainable energy programs in
Indonesia for more than 10 years,” said Dan Batrack, Tetra Tech
Chairman and CEO. “We look forward to continuing to use our Leading
with Science® approach to create resilient energy solutions for the
people of Indonesia.”
About Tetra Tech
Tetra Tech is a leading provider of high-end consulting and
engineering services for projects worldwide. With 20,000 associates
working together, Tetra Tech provides clear solutions to complex
problems in water, environment, sustainable infrastructure, and
renewable energy. We are Leading with Science® to provide
sustainable and resilient solutions for our clients. For more
information about Tetra Tech, please visit tetratech.com or follow
us on LinkedIn, Twitter, and Facebook.
Any statements made in this release that are not based on
historical fact are forward-looking statements. Any forward-looking
statements made in this release represent management’s best
judgment as to what may occur in the future. However, Tetra Tech’s
actual outcome and results are not guaranteed and are subject to
certain risks, uncertainties and assumptions ("Future Factors"),
and may differ materially from what is expressed. For a description
of Future Factors that could cause actual results to differ
materially from such forward-looking statements, see the discussion
under the section "Risk Factors" included in the Company’s Form
10-K and Form 10-Q filings with the Securities and Exchange
Commission.
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Jim Wu, Investor Relations Charlie MacPherson, Media &
Public Relations (626) 470-2844
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