Infrastructure and Energy Alternatives, Inc. Enters Into $550 Million Joint Venture With F.H. Paschen For the West Lake Corridor Rail Expansion in Indiana
Work commenced on the project in
“After an extensive design/build procurement, the F.H. Paschen Ragnar Benson Joint Venture was determined to be the best value proposer for the project. Through spending extensive time with their team, we have a high degree of confidence that they will be a true partner to complete this project on-time and within budget,” said
“We are excited to move forward on the West
Adding to F.H. Paschen’s comments,
IEA was recently ranked 16th for mass transit and rail and 38th for transportation amongst Engineering News-Record’s 2020 Top 400 Contractors. For more information on these rankings, please visit enr.com.
Forward Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The use of words such as “anticipate,” “expect,” “could,” “may,” “intend,” “plan” and “believe,” among others, generally identify forward-looking statements. These forward-looking statements are based on currently available operating, financial, economic and other information, and are subject to a number of risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. A variety of factors, many of which are beyond our control, could cause actual future results or events to differ materially from those projected in the forward-looking statements in this release. For a full description of the risks and uncertainties which could cause actual results to differ from our forward-looking statements, please refer to IEA’s periodic filings with the
ADDO Investor Relations
F.H. Paschen Contact:
219-926-5744 x 301
Source: Infrastructure and Energy Alternatives, Inc.