HENDERSON, Colo. : MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced that MYR Energy Services, Inc. (MYRE), an MYR Group subsidiary, has executed a contract with Con Edison Clean Energy Businesses, Inc. (ConEdison CEB) for the Timberland Solar Project located in Georgia.
The project consists of 194MWdc/140MWac utility-scale photovoltaic (PV) solar development and new 345kV substation. The contract is valued in excess of $100 million.
Under the contract, MYRE will provide engineering, procurement, and construction (EPC) services to install more than 380,000 solar modules on a 1,300-acre site and provide construction of the associated substation. The project will break ground in spring 2022 with preconstruction activities to begin immediately. Project completion is scheduled for late 2023.
“MYR Group is proud to play a significant role in this important project, leveraging our technical expertise to deliver superior construction and further elevating our position in the clean energy market,” said Rick Swartz, President and Chief Executive Officer of MYR Group. “This award reflects the strong relationship we have developed with ConEdison CEB and we look forward to enhancing our partnership with them on turnkey, utility-scale solar projects. As an industry leader, we are committed to delivering projects that support ongoing investments in clean energy, improving grid resiliency, and upgrading aging infrastructure.”
About MYR Group Inc.
MYR Group is a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets throughout the United States and Canada who have the experience and expertise to complete electrical installations of any type and size. Their comprehensive services on electric transmission, distribution networks, substation facilities and clean energy projects include design, engineering, procurement, construction, upgrade, maintenance and repair services. Transmission and distribution customers include investor-owned utilities, cooperatives, private developers, government-funded utilities, independent power producers, independent transmission companies, industrial facility owners and other contractors. Through their commercial and industrial division, comprehensive services include electrical design, installation, maintenance and repair on commercial, industrial and clean energy projects. Services are provided to general contractors, commercial and industrial facility owners, local governments, and developers.
About Con Edison Clean Energy Businesses, Inc.
Con Edison Clean Energy Businesses, Inc. (ConEdison CEB) offers a comprehensive portfolio of energy-related solutions, including utility-scale and behind the meter renewable development, construction and operation, battery storage, power marketer and asset management services, and energy efficiency services. Headquartered in Valhalla, New York, ConEdison CEB is part of the Consolidated Edison, Inc. (NYSE: ED) family of companies, which has a corporate history dating back to 1823. Consolidated Edison, Inc. is the second largest solar energy owner and operator in North America.
