Benzinga | Aug 19, 2021 11:40AM EDT

Primoris Services Bags 200 MW Thermal Power Project

* Primoris Services Corp's (NASDAQ:PRIM) Energy/Renewables segment has secured a thermal power project with an estimated value of $100 million.

* The award is for the engineering, procurement, and construction of 200 MW of thermal power for two different locations in the Southwest.

* Scope of the project includes all civil, electrical, and mechanical work associated with the construction of new power generation plants adjacent to existing facilities.

* The project is expected to complete in 2Q22.

* Price Action: PRIM shares are trading lower by 2.55% at $24.24 on the last check Thursday.