PASADENA, Calif.--(BUSINESS WIRE)--
Jacobs
Engineering Group Inc. (NYSE:JEC) confirmed today that it is
providing EDF Energy with project management services for the building
and civil work on the main construction site, including the marine
works, at the Hinkley Point C nuclear power station project in Somerset,
United Kingdom.
The announcement follows the U.K. Government’s confirmation that it has
reached a new agreement in principle with EDF. This follows last
October’s signing of the strategic investment agreement with its Chinese
partner China General Nuclear Corporation (CGN) to build Hinkley Point
C, the first new nuclear power station in the U.K. for more than 25
years.
Under the investment framework EDF Energy is the owner, operator and
licensee for two new reactors planned at Hinkley Point C. The new power
generation plant will be capable of generating over 3,200 megawatts of
secure, low carbon electricity for 60 years, enough to power around more
than five million U.K. homes.
Jacobs Vice President, U.K. Nuclear and Defense Alan Seywright said,
“Jacobs welcomes this important announcement; the new power plant is
expected to make an important contribution to the U.K.'s requirement for
a secure supply of affordable, low carbon electricity. This news is
crucial to helping the industry, particularly the local supply chain, to
grow the essential nuclear engineering and other specialist skills
required for this project. The U.K. capability gained from the
construction of Hinkley Point C is going to be very important to later
projects in Britain’s prospective energy program.
“Jacobs is building a global center of nuclear expertise here in the
U.K. and long term we see potential to leverage this U.K.-developed
knowledge and expertise to support nuclear projects internationally.”
The company’s Aerospace & Technology business is currently providing a
wide range of services to the EDF Group for projects in the U.K. and
Europe. These include project management services to support EDF
Energy’s program of maintenance and life extension projects at its U.K.
nuclear power station sites and environmental services to support the
2000 megawatt Cottam and West Burton coal-fired stations.
Jacobs is one of the world’s largest and most diverse providers of
full-spectrum technical, professional and construction services for
industrial, commercial and government organizations globally. The
company employs 50,000 people and operates in more than 30 countries
around the world. For more information, visit www.jacobs.com.
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 2015 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/20160919005419/en/
Source: Jacobs Engineering Group Inc.