New gas fired power plant to produce 700 megawatts of clean electricity for Alliant Energy customers, boost local economy and jobs in Beloit, Wis.
LOS ANGELES (June 28, 2016) — AECOM (NYSE:ACM), a premier, fully integrated global infrastructure firm, announced today that it has been selected as the Engineering, Procurement and Construction (EPC) contractor for the Alliant Energy Riverside Energy Center expansion project. The new facility will use gas-fired combustion turbine technology to produce approximately 700 megawatts of electricity for Alliant Energy customers in Wisconsin. The value of the contract will be included in AECOM’s backlog for the fiscal third quarter.
“We’re pleased to build the next-generation power plant that will enable Alliant Energy to keep delivering efficient and cost effective energy to thousands of customers and businesses,” said Michael S. Burke, AECOM chairman and chief executive officer. “This project taps an experienced, talented team unrivaled in our industry for delivering energy efficient power generation sites across the country.”
AECOM was awarded the EPC contract for the US$700 million Riverside expansion project due to the company’s technical offer, experienced team of professionals, technology, layout and commercial offer. As EPC contractor, AECOM’s scope will include design, supply, install and start-up of a 2×1 gas-fired combine cycle. AECOM’s Construction Services group will be providing engineering, procurement, construction and commissioning services for the project. The power plant is projected to be completed by early 2020.
According to Alliant Energy, the Riverside Energy Center expansion project will be one of the largest economic development projects in Wisconsin. Alliant Energy’s long-term plan for the project is focused on keeping future energy rates low for customers.
About AECOM
AECOM is built to deliver a better world. We design, build, finance and operate infrastructure assets for governments, businesses and organizations in more than 150 countries. As a fully integrated firm, we connect knowledge and experience across our global network of experts to help clients solve their most complex challenges. From high-performance buildings and infrastructure, to resilient communities and environments, to stable and secure nations, our work is transformative, differentiated and vital. A Fortune 500 firm, AECOM had revenue of approximately $18 billion during fiscal year 2015. See how we deliver what others can only imagine at aecom.com and @AECOM.
About Alliant Energy
Alliant Energy Corporation’s Wisconsin utility subsidiary, Wisconsin Power and Light Company (WPL), utilizes the trade name of Alliant Energy. The Wisconsin utility is based in Madison, Wis., and provides electric service to 463,000 customers and natural gas service to 185,000 customers across central and southern Wisconsin. The employees of Alliant Energy focus on delivering the energy and exceptional service their customers and communities expect – safely, efficiently, and responsibly. Visit alliantenergy.com or call 1-800-ALLIANT for more information. Alliant Energy Corporation is traded on the New York Stock Exchange under the symbol LNT.
Forward-Looking Statements: All statements in this press release other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including statements relating to the scope, award amount and expected completion date of the Alliant Energy Riverside Energy Center project, as well as other future economic and industry conditions. Actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause actual results to differ materially from our forward-looking statements are set forth in our quarterly report on Form 10-Q for the quarter ended March 31, 2016, and our other reports filed with the U.S. Securities and Exchange Commission. AECOM does not intend, and undertakes no obligation, to update any forward-looking statements.
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Media Contact:
Brendan Ranson-Walsh
Vice President, Global External Communications
1.212.739.7212
Brendan.Ranson-Walsh@aecom.com
