PASADENA, Calif., May 24, 2011 /PRNewswire/ -- Jacobs Engineering
Group Inc. (NYSE: JEC) announced today that it has received a
contract from Goteborg Energi AB for the GoBiGas-project, a 20
megawatt biomass gasification and methanation project in
Goteborg, Sweden.
Officials estimate the contract value at $19 million (EUR 13.7
million). Jacobs is executing the engineering, procurement
and construction management (EPCM) services from its offices in
Leiden, The Netherlands.
Under the terms of the contract, Jacobs is providing the local
construction management services for and on behalf of GoBiGas for
the new demonstration plant. The plant will produce biomethane from
biomass, which is to be distributed in the existing Goteborg gas grid. The gasification technology
is provided by Metso Power in cooperation with Repotec, and Haldor
Topsoe is providing the methanation technology. The plant is
planned to come on line in 2013. .
Asa Burman, Managing Director of
GoBiGas AB, said, "This plant is the first of its kind on this
scale in Europe and marks
significant progress in the long term target to use only
renewable energy resources in Sweden."
In making the announcement, Jacobs Executive Vice President
Gary Mandel said, "We are delighted
to be selected to provide our experience into this innovative
demonstration project, which is a major step forward in the
development of methane from renewable resources."
Jacobs is one of the world's largest and most diverse providers
of technical, professional, and construction services.
Statements made in this release that are not based on historical
fact are forward-looking statements. We base these forward-looking
statements on management's current estimates and expectations as
well as currently available competitive, financial and economic
data. Forward-looking statements, however, are inherently
uncertain. There are a variety of factors that could cause business
results to differ materially from our forward-looking
statements. For a description of some of the factors which may
occur that could cause actual results to differ from our
forward-looking statements please refer to our 2010 Form 10-K, and
in particular the discussions contained under Items 1 - Business,
1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's
Discussion and Analysis of Financial Condition and Results of
Operations. We do not undertake to update any forward-looking
statements made herein.
For additional information
contact:
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Michelle Jones
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626.578.6968
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(Logo:
http://photos.prnewswire.com/prnh/20090109/JACOBSEGLOGO)
SOURCE Jacobs Engineering Group Inc.