DALLAS, Sept. 11, 2018 /PRNewswire/ -- Jacobs Engineering
Group Inc. (NYSE:JEC), through its joint venture Jacobs Engineering
S.A. (JESA), has been awarded a four-year contract from the
Millennium Challenge Account-Bénin II (MCA-Benin II) for the
implementation of the Benin Power Compact, which will strengthen
the national electricity infrastructure of the country when
completed in 2022. Jacobs' scope of work includes engineering, as
well as project and construction management, for four photovoltaic
solar power plants, new transmission lines, new substations and a
dispatch center.
Increasing Benin's power
generation capacity and modernizing the country's electricity
distribution infrastructure, the Benin Power Compact aims to
increase its total installed capacity by almost 46 megawatts
through leveraging political reform and institutional strengthening
in the region to prioritize power generation, power distribution
and access to off-grid electricity. This 46 megawatt increase
represents 20 percent of current demand for the country during peak
periods, which will reduce dependence on external supply
sources.
Delivering this energy program to extend Benin's existing network capacity, Jacobs is
working in close collaboration with various ministries and
government agencies of Benin and
the Beninese Company of Electrical Energy (SBEE) to improve
infrastructure reliability and meet future growth needs of the
nation.
The largest professional services firm in Morocco with additional operations in Côte
d'Ivoire, Senegal, Guinea, Ethiopia, Rwanda and Tunisia, JESA is a joint venture between two
world leaders, the OCP Group and Jacobs.
Jacobs leads the global professional services sector delivering
solutions for a more connected, sustainable world. With
$15 billion in fiscal 2017 revenue
when combined with full-year CH2M revenues and a talent force of
more than 77,000, Jacobs provides a full spectrum of services
including scientific, technical, professional and construction- and
program-management for business, industrial, commercial, government
and infrastructure sectors. For more information, visit
www.jacobs.com, and connect with Jacobs on LinkedIn, Twitter,
Facebook and Instagram.
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 29, 2017, 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 press/media inquiries:
Kerrie Sparks
214.583.8433
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SOURCE Jacobs Engineering Group Inc.