Jacobs Wins Roles on Major New Wind Farm Project in Australia
July 20 2017 - 7:45AM
Business Wire
Selection reinforces reputation as a leader in
the delivery of renewable energy projects
Jacobs Engineering Group Inc. (NYSE:JEC) has been appointed by
the Powering Australian Renewables Fund (PARF), to carry out the
project management and owners engineers’ roles for a proposed 200
Megawatt wind farm in Western New South Wales, Australia.
The AUD$450 million (US$356 million) Silverton Wind Farm will
produce approximately 780,000 Megawatt hours of renewable energy
annually, enough to power more than 137,000 average Australian
homes. The energy produced from the wind farm’s 58 turbines is
predicted to reduce CO2 emissions by 655,000 tons annually, which
is the equivalent of taking 192,000 cars off the road each
year.
PARF is a partnership created by Australian energy company AGL
Energy Limited (AGL) to develop, own and manage approximately 1,000
Megawatts of large-scale renewable energy infrastructure assets and
projects. The PARF’s equity partners include AGL and QIC, on behalf
of its clients the Future Fund and those invested in the QIC Global
Infrastructure Fund. The Future Fund is a sovereign wealth fund
which aims to invest in projects that benefit future generations of
Australians.
“Jacobs has a proven history in successfully delivering all
types of renewable power generation projects,” said Jacobs Senior
Vice President Patrick Hill. “In wind, we have completed hundreds
of projects globally and we have an extensive history in this
market in Australia, especially working with AGL.
“This project builds on the support we have provided AGL in the
renewables market, delivering two of Australia’s largest solar
power plants at Nyngan and Broken Hill. Jacobs will provide leading
edge project management capabilities combined with our engineering
skills to help AGL deliver this landmark project,” added Hill.
Jacobs is one of the world’s largest and most diverse providers
of full-spectrum technical, professional and construction services
for industrial, commercial and government organizations globally.
The company employs over 54,000 people and operates in more than 25
countries around the world. For more information, visit
www.jacobs.com.
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 Form 10-K for the year ended September 30,
2016, 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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version on businesswire.com: http://www.businesswire.com/news/home/20170720005222/en/
Jacobs Engineering Group Inc.Salim Rahimi, 214-583-8428
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