Jacobs Awarded Contract from EDF Energy for all its UK Nuclear Power Stations
By Business Wire News
By Business Wire News
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