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Stock impact report

Stantec selected by BC Hydro to provide Transmission & Distribution Engineering and Project Delivery Services

Stantec Inc (STN) 
Last stantec inc earnings: 2/26 06:30 pm Check Earnings Report
US:NYSE Investor Relations: stantec.com/en/investors
Company Research Source: GlobeNewswire
EDMONTON, Alberta, NEW YORK and VANCOUVER, British Columbia, April 30, 2024 (GLOBE NEWSWIRE) -- TSX, NYSE:STN Stantec, a global leader in sustainable design and engineering, has been selected by BC Hydro & Power Authority (BC Hydro) to provide transmission and distribution engineering as well as project delivery services for the electrical infrastructure in British Columbia, Canada. The initiative is part of BC Hydro’s 10-year capital plan to modernize its electrical grid and provide reliable energy while driving the clean energy transition forward in the province. The CAD$186-million master services agreement (MSA) between Stantec and BC Hydro is initially termed for seven years, with a potential total term of up to 20 years. Stantec will supply transmission and distribution services along with substation design, including electrical, mechanical, civil, structural, and geotechnical engineering services. Stantec will also oversee project management, scheduling, cost control, procu Show less Read more
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