Benzinga | Jul 21, 2021 02:17PM EDT

IEA Secures Wind Construction Contract In Colorado

* Infrastructure And Energy Alternatives Inc (NASDAQ:IEA) subsidiary IEA Constructors has been awarded the Panorama Wind Farm contract by Leeward Renewable Energy, a portfolio company of OMERS Infrastructure.

* The award is for the construction of the 145 megawatt utility-scale wind farm in Weld County, Colorado. Construction will begin in July and be complete in December 2021.

* IEA will self-perform all of the engineering, procurement, and construction needs of the project. The financial terms of the contract were not disclosed.

* Price Action: IEA shares are trading higher by 5.69% at $12.63 on the last check Wednesday.