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Primoris Services Corporation Receives Solar Project Awards Estimated Value $230 Million

Primoris Services Corporation Receives Solar Project Awards Estimated Value $230 Million

Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) announced today it received solar project awards with a combined value of approximately $230 million. The contracts were secured by the Company’s Energy Segment in the third quarter of 2023.

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“We take pride in our ability to win repeat work with our existing customers, while also building relationships with new customers on the strength of our reputation in the solar construction market.”

“Our clients continue to demonstrate confidence in our expertise to exceed essential requirements in the construction of solar projects by partnering with us on new projects,” said Tom McCormick, President and Chief Executive Officer of Primoris. “We take pride in our ability to win repeat work with our existing customers, while also building relationships with new customers on the strength of our reputation in the solar construction market.”

The awards are for the engineering, procurement and construction of three utility-scale solar facilities located in the Southwest. Initial construction for all projects will begin in the fourth quarter of 2023 with completion of the projects expected in the second half of 2024.

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