Supporting Major New Build Investment in UK Energy Infrastructure
PASADENA, Calif.--(BUSINESS WIRE)--
Jacobs
Engineering Group Inc. (NYSE:JEC) announced today that it has been
selected as a preferred bidder by EDF
Energy to support its proposed new 3,200 MW nuclear power generation
plant at Hinkley Point in Somerset, United Kingdom.
Under the terms of the contract, Jacobs is to provide project management
for the building and civil work on the main construction site including
the marine works.
Jacobs Group Vice President Bob Duff stated, “We look forward to
integrating our technical and project execution capability with other
local providers and the EDF Energy team to support this major energy
investment.
“Our long term vision is to create a global center of nuclear expertise
here in the UK and use our key locations to provide and secure high
quality jobs in nuclear. Ultimately, we see potential to leverage this
UK-developed knowledge and expertise to support projects
internationally.”
Jacobs has worked on every nuclear licensed site in the UK, providing
specialist expertise across the complete nuclear lifecycle from the
existing nuclear power generation fleet, the new build program, through
to decommissioning and clean up.
Jacobs is currently providing a wide range of services to the EDF Group
for projects in the UK and Europe. These include project management
services to support EDF Energy’s program of maintenance and life
extension projects at its eight UK nuclear power station sites and
environmental services to support the 2000 megawatt Cottam and West
Burton coal-fired stations.
EDF Energy is the prospective owner, operator and licensee for two new
reactors planned at Hinkley Point C. If the investment framework is
approved, Hinkley Point C will be the first in a new generation of UK
nuclear power stations, marking a significant moment in the
revitalization of the UK’s nuclear power industry. 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 is one of the world's largest and most diverse providers of
technical professional and construction services. Jacobs has operations
in 250+ locations across more than 35 countries, and employs
approximately 65,000 people.
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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150731005655/en/
Source: Jacobs Engineering Group Inc.