Comprehensive solution to renewable energy, industrial, and associated gas processing facilities markets: Primoris and Venture enter teaming agreement
Primoris Services Corporation and Venture Engineering & Construction have formed a strategic teaming agreement to target emerging opportunities in renewable energy, industrial, and gas processing markets. This partnership combines their expertise to deliver integrated engineering, procurement, and construction solutions. The collaboration is particularly focused on leveraging the opportunities presented by the Inflation Reduction Act (IRA) in biogas, hydrogen, and other sustainable fuels, enhancing service offerings and driving progress in the renewable energy sector.
Primoris Services Corporation (Primoris (through a wholly owned subsidiary)) and Venture Engineering & Construction, Inc. (Venture) announced today they have entered a strategic teaming agreement aimed at pursuing emerging opportunities in the renewable energy, general industrial, and associated gas processing facilities markets. The partnership combines the respective strengths of both companies to offer comprehensive, innovative, and integrated engineering, procurement, and construction solutions that emphasize safety, quality, and efficiency.
“We’re pleased to partner with Venture in this capacity – this is an exciting collaboration that aligns with the strategic vision and capabilities of our companies,” said Jeremy Kinch, President of Primoris’ Energy segment. “Together, we’ll be able to provide our clients with elevated offerings, impactful solutions, and exceptional service, driving mutual success and delivering outstanding value.”
Primoris supplies a full array of in-house engineering, procurement, and construction services to the downstream, midstream, and renewable energy sectors, including refining, petrochemical, hydrogen, syngas, liquefied natural gas, pipeline, gas-to-liquids, solar, battery energy storage, data center, biodiesel, biogas (landfill, dairy, poultry, food waste, and wood waste), and carbon capture facilities.
“We are particularly energized by the opportunities presented by the Inflation Reduction Act (IRA) as it relates to the renewables market, including biogas, hydrogen, and other sustainable fuel sources. This agreement will allow us to deliver cutting-edge solutions, drive investment in workforce development, and power progress towards addressing today’s most pressing energy challenges,” said Clive Vaughan, Senior Vice President of Primoris’ Engineering business. Venture’s multi-disciplinary engineers, designers, project managers, and construction managers accommodate process and environmental projects that range in size and scope. It is a leader in alternative energy solutions, including landfill gas to energy plants, animal manure to renewable natural gas, and source separated organic waste to renewable natural gas.
“We continue to see an acceleration in demand for biogas project delivery services from developers. Our partnership with Primoris will allow both companies to expand service offerings and keep pace with the needs of customers in this fast-growing market,” said Dave Moniot, Venture’s CEO and Chairman.
The teaming agreement will see the two companies working jointly on projects, sharing technical resources, and pursuing new business that aligns with their mutual goals.
“We’re proud to partner with Primoris. The combination of Venture’s extensive biogas project experience and Primoris’ complementary engineering capabilities and IRA-compliant construction footprint creates a compelling service offering for developers in the renewable fuels sectors,” said Kevin Emerson, Venture’s President and CFO.
Recommended for you
