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Quanta Services, Avenal Solar Holdings to Build Utility-Scale Solar Facilities

Quanta Services, Inc. (NYSE: PWR) today announced that it has secured two contracts for utility-scale solar installations with Avenal Solar Holdings LLC, a joint venture between Eurus Energy America and NRG Solar, a subsidiary of NRG Energy, Inc. (NYSE: NRG).

Under the contracts, Quanta will provide engineering, procurement and construction services for the 20 megawatt Sun City Project and the 19 megawatt Sand Drag Project, both of which are near Avenal, Calif. The Avenal projects, located in Kings County, Calif., were developed by Eurus and are owned jointly by Eurus and NRG.

"These projects are expected to be significant contributors to the local community through the creation of jobs and the generation of clean power," said Mark E. Anderson, president of Eurus Energy America. "By partnering with Quanta, we are able to access a strong, local workforce and proven expertise, optimizing plant design and maximizing balance-of-plant efficiencies."

Under the contract, Quanta will provide comprehensive design and construction services including engineering and site preparation. Engineering is underway with construction expected to start by the end of September and completion projected for the spring of 2011.

"We look forward to showcasing our industry-leading EPC capabilities on these fast-track projects," said John R. Colson, chairman and chief executive officer, Quanta Services. "We appreciate the confidence that Eurus has demonstrated by awarding Quanta these contracts."

Last month, the California Public Utilities Commission approved 20-year power purchase agreements under which Pacific Gas and Electric (PG&E) will buy electricity produced by the solar power plants. The power generated by the new solar facilities will be transported throughout high load areas in California. When operating at full capacity, the projects are expected to produce enough renewable energy to power approximately 31,000 homes.

Source: http://www.quantaservices.com

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