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IEA Secures Wind Construction Contract In Colorado

  • Infrastructure And Energy Alternatives Inc (NASDAQ: IEA) subsidiary IEA Constructors has been awarded the Panorama Wind Farm contract by Leeward Renewable Energy, a portfolio company of OMERS Infrastructure.
  • The award is for the construction of the 145 megawatt utility-scale wind farm in Weld County, Colorado. Construction will begin in July and be complete in December 2021.
  • IEA will self-perform all of the engineering, procurement, and construction needs of the project. The financial terms of the contract were not disclosed.
  • Price Action: IEA shares are trading higher by 5.69% at $12.63 on the last check Wednesday.

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