Tetra Tech Awarded $ 25 Million Contract for Renewable Energy and Climate Change from USAID
PASADENA, Calif .: Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services, today announced that the United States Agency for International Development (USAID) has awarded the company a $ 25 million five-year one-time contract to increase renewable energy use and reduce deforestation in Zambia. the Alternatives to Charcoal Activity represents the flagship investment of the USAID / Zambia mission to fight climate change and contribute to poverty reduction through the sustainable management of forest resources.
Tetra Tech Researchers and Research Analysts will use advanced data analytics to conduct market research on available technologies, collect baseline data on barriers to alternative energy consumption and facilitate the adoption of renewable fuel technologies in Zambia. Through reform of the policy and regulatory framework, the project will strengthen the capacity of the private sector to increase the availability and access to renewable energy sources for urban Zambian households.
“Tetra Tech has supported USAID to promote renewable energy and manage natural resources in Africa for 40 years, ”said Dan Batrack, Tetra Tech President and CEO. “We are pleased to continue to use our Leading with Science ® approach to promote alternative technological solutions to cope with the impacts of climate change in developing countries. “
Tetra Tech is a leading provider of premium consulting and engineering services for projects around the world. With 20,000 employees working together, Tetra Tech provides clear solutions to the complex problems of water, environment, sustainable infrastructure and renewable energies. We are at the forefront of science ® to provide sustainable and resilient solutions to our customers. For more information on Tetra Tech, please visit tetratech.com or follow us on LinkedIn, Twitter, and Facebook.
All statements made in this press release that are not based on historical fact are forward-looking statements. All forward-looking statements made in this press release represent management’s best judgment as to what may occur in the future. However, Tetra Tech’s actual result and results are not guaranteed and are subject to certain risks, uncertainties and assumptions (“future factors”) and may differ materially from what is expressed. For a description of future factors that could cause actual results to differ materially from these forward-looking statements, see the discussion under the section “Risk Factors” included in Forms 10-K and 10-Q filed by the Company with Securities and Exchange. Commission.