Jacobs Selected for Program Management Consultancy in Benin

DALLAS, Sept. 11, 2018 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE:JEC), through its joint venture Jacobs Engineering S.A. (JESA), has been awarded a four-year contract from the Millennium Challenge Account-Bénin II (MCA-Benin II) for the implementation of the Benin Power Compact, which will strengthen the national electricity infrastructure of the country when completed in 2022. Jacobs' scope of work includes engineering, as well as project and construction management, for four photovoltaic solar power plants, new transmission lines, new substations and a dispatch center.

Increasing Benin's power generation capacity and modernizing the country's electricity distribution infrastructure, the Benin Power Compact aims to increase its total installed capacity by almost 46 megawatts through leveraging political reform and institutional strengthening in the region to prioritize power generation, power distribution and access to off-grid electricity. This 46 megawatt increase represents 20 percent of current demand for the country during peak periods, which will reduce dependence on external supply sources.

Delivering this energy program to extend Benin's existing network capacity, Jacobs is working in close collaboration with various ministries and government agencies of Benin and the Beninese Company of Electrical Energy (SBEE) to improve infrastructure reliability and meet future growth needs of the nation.

The largest professional services firm in Morocco with additional operations in Côte d'Ivoire, Senegal, Guinea, Ethiopia, Rwanda and Tunisia, JESA is a joint venture between two world leaders, the OCP Group and Jacobs.

Jacobs leads the global professional services sector delivering solutions for a more connected, sustainable world. With $15 billion in fiscal 2017 revenue when combined with full-year CH2M revenues and a talent force of more than 77,000, Jacobs provides a full spectrum of services including scientific, technical, professional and construction- and program-management for business, industrial, commercial, government and infrastructure sectors. For more information, visit www.jacobs.com, and connect with Jacobs on LinkedIn, Twitter, Facebook and Instagram.

Statements made in this release that are not based on historical fact are forward-looking statements. We base these forward-looking statements on management's current estimates and expectations as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from our forward-looking statements. For a description of some of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our Form 10-K for the year ended September 29, 2017, and in particular the discussions contained under Items 1 - Business, 1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations. We do not undertake to update any forward-looking statements made herein.

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SOURCE Jacobs Engineering Group Inc.