Tetra Tech Awarded $73 Million USAID Contract to Expand Energy Access in West Africa
02 Luglio 2024 - 3:00PM
Business Wire
Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end
consulting and engineering services in water, environment, and
sustainable infrastructure, announced today that the U.S. Agency
for International Development (USAID) has awarded the Company a $73
million single-award contract to increase access to affordable and
reliable electricity in 18 West African countries.
Through the Power Africa Empower West Africa activity, Tetra
Tech’s energy experts will work with governments, development
finance institutions, and the private sector to advance the
transition to more sustainable, inclusive, and resilient energy
sectors. The project includes designing and implementing national
electrification programs, modernizing transmission and distribution
utilities, deploying clean energy technologies, and catalyzing
energy investments. This new contract continues Tetra Tech’s
10-year engagement with Power Africa and will introduce digital
tools like smart power meters and AI-based data analytics,
e-mobility solutions such as electric vehicles and boats, and
capacity-building programs to upskill local workers for renewable
energy careers.
“Tetra Tech has partnered with USAID and the U.S. government to
increase access to cleaner, more reliable energy in sub-Saharan
Africa for more than 30 years,” said Dan Batrack, Tetra Tech
Chairman and CEO. “We look forward to continuing to use our Leading
with Science® approach to modernize utilities, attract investment,
and connect millions of homes and businesses to electricity
supplies that are vital to power economic growth.”
About Tetra Tech
Tetra Tech is the leader in water, environment, and sustainable
infrastructure, providing high-end consulting and engineering
services for projects worldwide. With 28,000 employees working
together, Tetra Tech provides clear solutions to complex problems
by Leading with Science® to address the entire water cycle, protect
and restore the environment, design sustainable and resilient
infrastructure, and support the clean energy transition. For more
information about Tetra Tech, please visit tetratech.com or follow
us on LinkedIn and Facebook.
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 Form 10-Q filings with the Securities and Exchange
Commission.
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version on businesswire.com: https://www.businesswire.com/news/home/20240701076970/en/
Jim Wu, Investor Relations Charlie MacPherson, Media &
Public Relations (626) 470-2844
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