There were 200 press releases posted in the last 24 hours and 430,889 in the last 365 days.

Pike Electric Wins Nuke Project Contract

November 10, 2009 (FinancialWire) — Pike Electric Corp. (NYSE: PIKE) has been awarded an engineering, procurement, and construction contract by The Shaw Group Inc. (NYSE: SHAW) for a new 230 kilovolt transmission switchyard and offsite power system for the V.C. Summer nuclear station in South Carolina.

According to Pike, the construction of this switchyard, and the associated electrical work, is in support of the two nuclear power units being added by Scana Corp.’s (NYSE: SCG) South Carolina Electric & Gas unit and the South Carolina Public Service Authority, a state-owned electric and water utility in South Carolina.

The new units, known as V.C. Summer 2 and 3, are scheduled for completion in 2016 and 2019. The station began commercial operation January 1, 1984 and this construction marks one of the first U.S. nuclear plants to add reactors in 20 years.

Baton Rouge, Louisiana-based Shaw is a provider of technology, engineering, procurement, construction, maintenance, fabrication, manufacturing, consulting, remediation and facilities management services for government and private sector clients in the energy, chemicals, environmental, infrastructure and emergency response markets.

Mount Airy, North Carolina-based Pike Electric is a provider of energy solutions to municipal and cooperative utilities in the United States. The firm’s services include siting, permitting, engineering design, installation, maintenance and repair of power delivery systems.

FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) web site (http://www.financialwire.net/disclosures.php). Contact FinancialWire(tm) directly via inquiries@financialwire.net.

Free annual reports for companies mentioned in the news are available through the Free Annual Reports Service (http://investrend.ar.wilink.com/?level=279).

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.