{"id":809803,"date":"2025-02-06T08:05:26","date_gmt":"2025-02-06T13:05:26","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/nv5-awarded-5-million-in-substation-design-contracts-by-northeast-utilities\/"},"modified":"2025-02-06T08:05:26","modified_gmt":"2025-02-06T13:05:26","slug":"nv5-awarded-5-million-in-substation-design-contracts-by-northeast-utilities","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/nv5-awarded-5-million-in-substation-design-contracts-by-northeast-utilities\/","title":{"rendered":"NV5 Awarded $5 Million in Substation Design Contracts by Northeast Utilities"},"content":{"rendered":"
\n

HOLLYWOOD, Fla., Feb. 06, 2025 (GLOBE NEWSWIRE) — NV5 Global, Inc. (the \u201cCompany\u201d or \u201cNV5\u201d) (Nasdaq: NVEE),\u00a0<\/strong>NV5, a provider of technology, certification, and consulting solutions, announced today that it has been awarded $5 million in substation design contracts by Northeast utilities. These projects will strengthen electrical grid reliability and support the resiliency of New York and New Jersey utility infrastructure. The contract awards continue the expansion of NV5\u2019s relationship with Northeast electric utilities and promotes double-digit organic growth with the Northeast utility sector.<\/p>\n

NV5\u2019s engineers will design substation infrastructure to expand the capacity of existing substations and connect to underground electrical distribution. Following the design phase of the project, NV5 will be well positioned to enhance the contract with cross-selling of additional services. Utilities throughout the U.S. are investing in substation and other electrical distribution infrastructure improvements to accommodate additional energy demands related to electrification initiatives and population growth.<\/p>\n

“NV5 has expanded its utility design capacity along the East Coast to provide a wide array of technical solutions including planning, engineering design, surveying, geospatial, and owner representation,\u201d said Ben Heraud, CEO of NV5. \u201cThese awards underscore NV5\u2019s reputation as a leader in utility infrastructure engineering and consulting solutions to meet the nation\u2019s growing demand for safe and reliable energy.”<\/p>\n

\n About NV5<\/strong>
\n
NV5 Global, Inc. (NASDAQ: NVEE) is a provider of technology, certification, and consulting solutions for public and private sector clients supporting utility, infrastructure, and building assets and systems. The Company primarily focuses on six business verticals: Utility services, infrastructure support, conformity assessment, buildings & technology, environmental services, and geospatial services. NV5 operates out of more than 100 offices nationwide and abroad. For additional information, please visit the Company\u2019s website at www.NV5.com<\/a>. Also visit the Company on Twitter<\/a>, LinkedIn<\/a>, Facebook<\/a>, and Vimeo<\/a>.<\/p>\n

\n Forward-Looking Statements<\/strong>
\n
This press release contains \u201cforward-looking statements\u201d within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. The Company cautions that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by the forward-looking statements contained in this news release. Such factors include: (a) changes in demand from the local and state government and private clients that we serve; (b) general economic conditions, nationally and globally, and their effect on the market for our services; (c) competitive pressures and trends in our industry and our ability to successfully compete with our competitors; (d) changes in laws, regulations, or policies; and (e) the \u201cRisk Factors\u201d set forth in the Company\u2019s most recent SEC filings. All forward-looking statements are based on information available to the Company on the date hereof, and the Company assumes no obligation to update such statements, except as required by law.<\/p>\n

\n Investor Relations Contact<\/strong>
\n
NV5 Global, Inc.
Jack Cochran
Vice President, Marketing & Investor Relations
Tel: +1-954-637-8048
Email: ir@nv5.com<\/u><\/a><\/p>\n

Source: NV5 Global, Inc.<\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

HOLLYWOOD, Fla., Feb. 06, 2025 (GLOBE NEWSWIRE) — NV5 Global, Inc. (the \u201cCompany\u201d or \u201cNV5\u201d) (Nasdaq: NVEE),\u00a0NV5, a provider of technology, certification, and consulting solutions, announced today that it has been awarded $5 million in substation design contracts by Northeast utilities. These projects will strengthen electrical grid reliability and support the resiliency of New York and New Jersey utility infrastructure. The contract awards continue the expansion of NV5\u2019s relationship with Northeast electric utilities and promotes double-digit organic growth with the Northeast utility sector. NV5\u2019s engineers will design substation infrastructure to expand the capacity of existing substations and connect to underground electrical distribution. Following the design phase of the project, NV5 will be well positioned to enhance the contract with cross-selling … <\/p>\n

Continue reading “NV5 Awarded $5 Million in Substation Design Contracts by Northeast Utilities”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-809803","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nNV5 Awarded $5 Million in Substation Design Contracts by Northeast Utilities - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nv5-awarded-5-million-in-substation-design-contracts-by-northeast-utilities\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NV5 Awarded $5 Million in Substation Design Contracts by Northeast Utilities - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"HOLLYWOOD, Fla., Feb. 06, 2025 (GLOBE NEWSWIRE) — NV5 Global, Inc. (the \u201cCompany\u201d or \u201cNV5\u201d) (Nasdaq: NVEE),\u00a0NV5, a provider of technology, certification, and consulting solutions, announced today that it has been awarded $5 million in substation design contracts by Northeast utilities. These projects will strengthen electrical grid reliability and support the resiliency of New York and New Jersey utility infrastructure. The contract awards continue the expansion of NV5\u2019s relationship with Northeast electric utilities and promotes double-digit organic growth with the Northeast utility sector. NV5\u2019s engineers will design substation infrastructure to expand the capacity of existing substations and connect to underground electrical distribution. 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