Jacobs Awarded Contract with Horizon Nuclear Power
December 17 2013 - 7:45AM
Business Wire
Supporting Major New Build Investment in the
UK’s Energy Infrastructure
Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it
was awarded a framework management contract by Horizon Nuclear
Power to provide engineering support and related services for two
new nuclear power generation plants the company is developing at
Wylfa on the Isle of Anglesey and Oldbury in South Gloucestershire,
United Kingdom.
Officials did not disclose the contract value, but noted that
the duration of the contract is three years, and the work is being
executed from several Jacobs offices in the UK.
Under the terms of the contract, Jacobs is working
collaboratively with Horizon to provide development and planning,
site investigation, engineering, environmental permitting and waste
management, and project management support.
Working as a tier one service provider in close collaboration
with three other Horizon strategic framework partners, Jacobs is
supporting Horizon’s goal to prepare the lead Wylfa site (and
thereafter, the Oldbury site) for construction of the new power
station and associated developments.
Jacobs Group Vice President Conor Doyle stated, “We are pleased
to support Horizon’s vision for a new generation of nuclear power
stations that achieve a sustainable socio-economic legacy. We look
forward to continuing to build on the strong foundations already in
place.”
Jacobs has more than fifty years of experience across the
complete nuclear asset lifecycle, and already possesses extensive
knowledge of Horizon sites, having supported the company since
2010.
Horizon Nuclear Power was formed in 2009 to develop new nuclear
power stations in the UK. It was acquired by Hitachi Ltd of Japan
in November 2012.
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 2013 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.
Jacobs Engineering Group Inc.Michelle Jones, 626-578-6968
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