Primoris Services Gets $270 Mln Solar Project Award
(RTTNews) - Primoris Services Corp. (PRIM) announced Tuesday a solar project award with an estimated value of $270 million. The contract was secured by the Company's Energy/Renewables Segment.
The award is for the engineering, procurement, and construction of a utility-scale solar facility in the Southwest, adding approximately 500 megawatts to over 3,900 megawatts of solar power projects which Primoris currently has under construction.
The initial project construction will begin in the fourth quarter of 2022 with completion of the project expected in the fourth quarter of 2023.
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Primoris Services To Buy PLH Group In Deal Valued At $470 Mln Cash
Primoris Services Corp. (PRIM) announced Monday that it has entered into a definitive merger agreement to acquire PLH Group, Inc. in an all-cash transaction valued at $470 million.
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927 days ago
Canadian Market Up Marginally In Lackluster Trade
Canadian stocks are moving in a tight band in lackluster trade on Thursday as investors look for directional clues. Trading volumes are quite thin as U.S. financial markets are closed today in honor of former U.S. President Jimmy Carter, who died in late December at age 100.
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5h 5min ago
Swiss Market Ends Modestly Higher
The Switzerland market, which stayed positive save for a few minutes at the start of the session on Thursday, closed modestly higher, in line with markets across Europe.
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5h 57min ago
European Stocks Close On Firm Note
European stocks closed broadly higher on Thursday with those from the mining sector turning in a fine performance thanks to higher metal prices. A sell-off in retail stocks, tariff threats by U.S. President-elect Donald Trump, and persisting concerns about inflation limited markets' upside.
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6h 19min ago
German Industrial Output & Exports Recover
Germany's industrial production and exports rebounded in November but the underlying picture remained pretty grim amid job cuts in manufacturing and the possible hike in trade tariffs by the U.S. Industrial output increased a more-than-expected 1.5 percent on a monthly basis, in contrast to the revised 0.4 percent decrease in October, data from Destatis revealed Thursday.
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11h 6min ago
Resources Stocks May Edge Higher As Bay Street Looks Headed For Mixed Open
Canadian shares are likely to turn in a mixed performance on Thursday, with investors looking ahead to U.S. and Canadian jobs data, due on Friday. Energy and materials stocks may find some support thanks to higher commodity prices.
Volume of business is likely to be a bit thin as U.S. markets are closed today in honor of former U.S. President Jimmy Carter, who died in late December at age 100.
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12h 11min ago
Pound Slides As U.K. Borrowing Costs Soar
The British pound weakened against other major currencies in the European session on Thursday, on worries about the rising borrowing costs in the U.K. and the stagflation threat.
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13h 10min ago
FTSE 100 Moderately Higher As Mining Stocks Move Up
The U.K. market is up in positive territory Thursday morning, led by gains in the mining sector, even as stocks from the retail sector are reeling under selling pressure, despite several big name retailers reporting a surge in sales. A weak pound is contributing significantly to market's upmove.
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13h 55min ago
