Parsons Corporation Lands Role in $5 Billion Effort to Rebuild Puerto Rico's Power Infrastructure

CHANTILLY, Va. — Parsons Corporation, a company known for delivering technology-focused solutions across defense, intelligence, and critical infrastructure sectors, announced its participation in a high-profile initiative to revamp Puerto Rico's power grid. As part of a $5 billion contract overseen by the United States Army Corps of Engineers (USACE) Savannah District, Parsons is poised to bring its engineering expertise to a central role in the Puerto Rico Power System Stabilization Project.

Task Order Contract Outlines

The contract is structured as a multiple award indefinite-delivery, indefinite-quantity (IDIQ) arrangement, featuring a five-year base performance period. Task orders under this agreement will see Parsons contribute to the mission through temporary power generation, a critical step in stabilizing the island's power grid, especially after the damage done by natural disasters since 2017.

Comprehensive Energy Expertise

Parsons' role reflects its 65+ years in the power and energy sector, during which it has provided a spectrum of services ranging from project management to construction management, as well as other support services necessary to activate power systems. The company looks forward to playing a key part in the collaborative effort to ensure a resilient, sustainable infrastructure for Puerto Rico, enhancing residents' quality of life and the island's economic stability.

Parsons' Strategic Outlook

Underlining the importance of the project, Jon Moretta, president of Engineered Systems at Parsons, emphasized the alignment of the company's capabilities with such power delivery projects. Parsons anticipates that its participation in the Puerto Rico Power System Stabilization Project will further cement its standing as a leader in energy solutions, contributing positively to its operational footprint and long-term growth strategy.

About Parsons Corporation

Headquartered in Centreville, Virginia, Parsons Corporation PSN operates as a globally recognized provider of disruptive technology solutions, with significant projects in the arenas of national security and infrastructure modernization. The organization has built robust capabilities in various domains, including cyber and intelligence, environmental remediation, and urban development.

Parsons, Energy, Infrastructure