Benzinga | Dec 7, 2021 03:32PM EST

Primoris Services Energy/Renewables Segment Bags $32M In Contracts

* Primoris Services Corp (NASDAQ:PRIM) has received two heavy civil awards with a combined value of more than $32 million.

* The projects were secured by Energy/Renewables Segment and awarded by the Texas Department of Transportation.

* The first project is to construct a section of highway SL 121 in Bell County, Texas, scheduled to start in 1Q22, with completion expected in 2Q24.

* The second project involves the replacement of a bridge in Harris County, Texas, scheduled to start in 1Q22 with completion expected in 2Q23.

* Price Action: PRIM shares are trading higher by 1.92% at $23.92 on the last check Tuesday.