Jacobs Awarded Contract from EDF Energy for all its UK Nuclear Power Stations
May 12 2015 - 7:45AM
Business Wire
Delivering Solutions to the UK’s Nuclear Energy
Infrastructure
Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it
was awarded a contract by EDF Energy to provide project management
resources to the company’s eight nuclear power stations and two
technical centers in the United Kingdom.
Company officials did not disclose the contract value, but noted
that the framework contract is for five years with two optional
two-year extensions.
Under the terms of the contract, Jacobs is providing a range of
project management and engineering resources to support EDF
Energy’s program of maintenance and life extension projects to 15
nuclear reactors across the Dungeness, Hartlepool, Heysham 1 and 2,
Hinkley Point, Hunterston, Sizewell and Torness power stations, as
well as the East Kilbride and Gloucester technical centers. The
eight power stations have a combined capacity of almost 8.8 million
kilowatts.
Jacobs Group Vice President Bob Duff stated, “We are delighted
to continue supporting EDF Energy on this major program of nuclear
power investment in the UK. Jacobs is one of the UK’s largest
service providers in the field of nuclear engineering and science.
We look forward to contributing significant expertise, local
knowledge and global resource to help deliver safe, robust
solutions across these important assets.”
EDF Energy is one of the UK’s largest energy companies and the
largest producer of low-carbon electricity, producing around
one-fifth of the nation’s electricity.
Jacobs, one of the world’s largest and most diverse providers of
technical professional and construction services, is currently
providing a wide range of services to the EDF Group for projects in
the UK and Europe. These include technical and engineering services
in support of EDF Energy’s UK Nuclear New Build program and
environmental services in support of the 2000 megawatt Cottam and
West Burton coal-fired stations in the UK.
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 2014 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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