Source: GlobeNewswire

Press Release: Midwest Utility, Inc : Midwest Utility Selects NV5 for $39 Million Contract to Upgrade LNG Infrastructure

HOLLYWOOD, Fla., Jan. 17, 2022 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the "Company" or "NV5") (Nasdaq: NVEE), a provider of compliance, technology, engineering, and environmental consulting solutions, announced today that it has been awarded a $39 million contract to upgrade the liquefaction facilities at a major Midwest utility's liquefied natural gas (LNG) facility. NV5 will provide engineering, procurement, construction management, and commissioning services for the replacement of the facility's aging liquefier. The upgrade includes a new pretreatment system, liquefier, electrical gear, refrigerant storage, and control system. The new liquefaction system will improve reliability, provide the ability to control ethane concentrations in the LNG, and deliver additional operational flexibility. The project is already underway and is expected to be completed in spring 2024.

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Est. Annual Revenue
$5.0-25M
Est. Employees
25-100
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