Tetra Tech Awarded Two Wind Energy Projects Valued at Approximately $28 Million
Tetra Tech, Inc. (NASDAQ: TTEK) announced today that it has been awarded two wind energy projects totaling approximately $28 million by PacifiCorp, one of the leading utilities in the western United States. Work on the two projects will begin immediately and is expected to be complete in December 2008. Tetra Tech will provide engineering, procurement, and construction (EPC) services for the Seven Mile Hill II and the Glenrock III wind farm projects in Wyoming.
Seven Mile Hill II will include 13 General Electric turbines capable of generating 19.5 megawatts of power and Glenrock III will include 26 General Electric turbines capable of generating 39 megawatts of power.
The Seven Mile Hill wind project is located in Carbon County, Wyoming, between the towns of Hanna and Medicine Bow. The Glenrock project is located in Converse County, Wyoming, on a site that includes the reclaimed Dave Johnston Coal Mine, where surface mining operations took place for more than 40 years. Final reclamation of the mine was completed in November 2005, returning the land to its pre-mining appearance.
About PacifiCorp (www.pacificorp.com)
PacifiCorp is one of the West’s leading utilities, serving customers in Utah, Wyoming, and Idaho as Rocky Mountain Power, and in Oregon, Washington, and California as Pacific Power. PacifiCorp has more than 10,400 MW of generation capacity from wind facilities, coal-fueled plants, hydroelectric facilities, natural gas-fueled plants, and geothermal sources. PacifiCorp is a subsidiary of MidAmerican Energy Holdings Company.
About Tetra Tech (www.tetratech.com)
Tetra Tech is a leading provider of consulting, engineering, and technical services. With approximately 8,500 associates located in the United States and internationally, the Company supports commercial and government clients in the areas of resource management and infrastructure. Tetra Tech’s services include research and development, applied science and technology, engineering design, program management, construction management, construction, and operations and maintenance.
Any statements made in this release that are not based on historical fact are forward-looking statements. Any forward-looking statements made in this release represent management’s best judgment as to what may occur in the future. However, Tetra Tech’s actual outcome 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 such forward-looking statements, see the discussion under the section “Risk Factors” included in the Company’s Form 10-K and 10-Q filings with the Securities and Exchange Commission.