PASADENA, Calif., May 29, 2012 /PRNewswire/ -- Jacobs Engineering
Group Inc. (NYSE:JEC) announced today that it has been awarded a
two-year framework contract from the "Engineering Consortium"
comprising Iberdrola Ingenieria y Construccion S.A.U., jointly with
its UK subsidiary, Tractebel Engineering from the GDF SUEZ
Group.
Officials did not disclose the contract value.
Under the terms of the contract, Jacobs is providing
environmental consultancy and engineering support to the
Engineering Consortium. The Engineering Consortium is providing
support in the areas of site investigation, site characterization,
grid connection, preliminary construction services and any other
general engineering and consultancy services to NUGENERATION
LIMITED ("NuGen") in the development of its new build nuclear power
plant project in West Cumbria, United
Kingdom.
NuGen, a consortium comprising IBERDROLA and GDF SUEZ, has
acquired the option on land next to Sellafield from the UK's
Nuclear Decommissioning Authority (NDA). The consortium has
declared its intention to develop up to 3.6GWe of new nuclear power
at the West Cumbria site of
"Moorside". The relationship between Jacobs and the EC will
provide NuGen with the opportunity to engage a depth of experience
in a wide range of relevant services, in support of its business
objectives.
In making the announcement, Jacobs Group Vice President
Bob Irvin said, "We are delighted to
support NuGen and Engineering Consortia in the development of this
major nuclear new build program in the UK."
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 2011 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.
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For
additional information contact:
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Michelle
Jones
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626.578.6968
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SOURCE Jacobs Engineering Group Inc.