Wood Group wins California contract extension

Engineering firm Wood Group has been awarded a five-year operations and maintenance contract extension by Sacramento Power Authority (SPA) for the operations and maintenance of their SPA CoGen III facility in California.

MoneyWeek's avatar
By
published
in Features

Engineering firm Wood Group has been awarded a five-year operations and maintenance contract extension by Sacramento Power Authority (SPA) for the operations and maintenance of their SPA CoGen III facility in California.

The extension, worth $25m, brings the life of the contract to a total of 10 years. It follows a similar operations and maintenance contract extension for the Sacramento Municipal Utility District Financing Authority (SMUDFA) Cosumnes power plant in 2011.

MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up

NR

MoneyWeek
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.

Latest