Transaction, set to close by third quarter next year, would create new public company with more than 53,000 employees, of which Jacobs shareholders would have a 63% ownership stake.
Firm execs cited “extensive lead times across critical components”
in late 2027 start of Zachry-built scaled-up project in Texas Permian energy region, In mid-November earnings call.
In just unsealed whistleblower complaint, former site construction manager says utility owner of over-budget Kemper project in Mississippi defrauded the U.S. Energy Dept. of hundreds of millions in funding.
Siemens Gamesa said Portsmouth project would not meet “development milestones,” but sector participants seek new ways to keep land and water development moving forward.
The company, which says it must clear through pandemic and project-related claims and refinance its debt, also has announced a CEO succession, efffective in 2025.
Turkey-based Sabachi Renewables is building its third clean energy project in the state, while Longroad hires McCarthy for Arizona solar-battery project