Le Lézard
Subject: NEW PRODUCTS/SERVICES

Black & Veatch Reinforces Power Delivery Expertise Across U.S.


OVERLAND PARK, Kan., April 17, 2018 (GLOBE NEWSWIRE) -- Black & Veatch, a leading provider of design-build power delivery services, is expanding its staff of power delivery experts to help clients maximize reliability and resilience in the grid. Through additions to its local and regional presence in critical markets, the company is adding staff to its 14 regional offices as highlighted by expansions in Boston and Chicago as well as a new opening in Wilmington, Delaware.

The company's commitment to expanded service comes amid a growing focus on the state of the nation's transmission infrastructure, as utilities work to modernize transmission and distribution systems to build resilience and accommodate growing demand for renewable power. Across the nation, clients are saying reliability and resilience are critical issues for the power industry. According to Black & Veatch's 2017 Strategic Directions: Electric Industry Report survey, 60 percent of survey respondents named reliability and aging infrastructure as the major drivers of transmission investments.

The influx of renewable energy is also driving significant investment in T&D, with close to half of utilities planning to add a substantial amount of renewable energy generation (44 percent solar photovoltaic; 43 percent wind turbine) to their systems in the next five years. As a result, investments are rising sharply as utilities actively reallocate capital expenditure (CAPEX) away from new generation assets and toward transmission and distribution and renewables.

"Expanding our team of power delivery experts allows Black & Veatch to continue to deliver unparalleled expertise and innovative solutions for some of the largest utilities around the country," said Scott Dicks, Vice President and Project Director for Black & Veatch's power business. "Our strategic growth in these critical markets enables us to deliver vital power delivery infrastructure and resources to clients and communities where resilience and delivery of sustainable power are at a premium."

The company's power business, which provides comprehensive planning through construction and commissioning services of electric transmission and distribution, is growing steadily and is uniquely positioned to deliver on challenging T&D projects:

Editor's Notes:

About Black & Veatch
Black & Veatch is an employee-owned, global leader in building critical human infrastructure in Energy, Water, Telecommunications and Government Services. Since 1915, we have helped our clients improve the lives of people in over 100 countries through consulting, engineering, construction, operations and program management. Our revenues in 2017 were US$3.4 billion. Follow us on www.bv.com and in social media.

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