Infrastructure and Energy Alternatives, Inc. Announces $67M Wind Construction Project Award in Iowa
Infrastructure and Energy Alternatives, Inc. (IEA)
Last infrastructure and energy alternatives, inc. earnings: 3/10 05:25 pm
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Source: GlobeNewswire
INDIANAPOLIS, Oct. 16, 2019 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with specialized energy and heavy civil expertise, today announced a new wind energy project award valued at approximately $67 million. The award is for construction of the Richland Wind Farm in Sac County in western Iowa. This is a 130-megawatt project. The power generated by the project’s planned 53 GE WTG turbines will be delivered into the Iowa electrical grid. Work on the Richland project is scheduled to begin in October with full operation by September 2020. The scope of IEA’s work includes all engineering, procurement and construction of project roads, WTG foundations, the MV collection system and the project substation. “The Richland project demonstrates Iowa’s strong and ongoing commitment to wind energy,” said JP Roehm, IEA’s Chief Executive Officer. “The state is already home to nearly 9
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