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Stock impact report

Stantec selected by Los Angeles Department of Water & Power for 5-year US $104-million Master Services Agreement

Stantec Inc (STN) 
Last stantec inc earnings: 2/26 06:30 pm Check Earnings Report
US:NYSE Investor Relations: stantec.com/en/investors
Company Research Source: GlobeNewswire
LOS ANGELES and EDMONTON, Alberta and NEW YORK, Aug. 15, 2024 (GLOBE NEWSWIRE) -- TSX, NYSE:STN Stantec, a global leader in sustainable design and engineering, has been selected by the Los Angeles Department of Water & Power (LADWP) for a new five-year master services agreements (MSA) to upgrade, expand, and modernize the electrical infrastructure in greater Los Angeles. The firm will support LADWP’s Power System Reliability Program (PSRP) projects to renew aging infrastructure and assist LADWP in driving the clean energy transition forward. Stantec will serve as one of the Owner’s Representatives (OE) for the duration of the US$104-million agreement and supply power system and resource development services. Transmission planning studies (including high voltage direct current (HVDC) and interconnection studies), reliability assessments, distributed energy resources studies, economic evaluations, and impact assessments are among the requested services to be provided. In additio Show less Read more
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