PASADENA, Calif., Aug. 4 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it has received a contract from BAA to provide full-spectrum engineering design services for the new Energy Centre and associated distribution systems at London Heathrow Airport.
Officials did not disclose the contract value.
In making the announcement, Jacobs Group Vice President Allyn Taylor stated, "We are delighted to have won this opportunity to further our relationship with BAA and to provide additional services at Heathrow. This technically challenging and high-profile project will draw on a number of Jacobs' specialist capabilities to support BAA in its carbon-reduction strategy."
The new Energy Centre, which combines a substantial Combined Heat and Power element, renewable fuels and conventional plant technology, will mark a significant step toward fulfilling BAA's commitment to a low-carbon strategy for the campus. When completed, the Energy Centre will serve the heat and power demands of the new Eastern Campus development and allow for expansion as part of a long-term strategy to link airport-generating assets.
In this project, Jacobs will combine renewable fuel and technology expertise with full multi-disciplinary infrastructure and building design capability, and will provide energy demand profiling, technology performance modeling and assessment of full life environmental, commercial and maintenance options prior to developing the scheme design.
Jacobs, with annual revenues exceeding $12 billion, is one of the world's largest and most diverse providers of technical, professional, and construction services.
Any statements made in this release that are not based on historical fact are forward-looking statements. Although such statements are based on management's current estimates and expectations, and currently available competitive, financial, and economic data, forward-looking statements are inherently uncertain. We, therefore, caution the reader that there are a variety of factors that could cause business conditions and results to differ materially from what is contained in our forward-looking statements. For a description of some of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our 2008 Form 10-K, and in particular the discussions contained under Items 1 - Business, 1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations. We also caution the readers of this release that we do not undertake to update any forward-looking statements made herein.
SOURCE Jacobs Engineering Group Inc.