#United States #Dallas #Jacobs #Xcel Energy #program management

Jacobs Takes Charge as Program Manager for Xcel Energy

In a significant move aimed at revolutionizing energy services in the U.S., Jacobs has been selected as the Program Manager and Owners Engineer for Xcel Energy. This partnership is set to bolster the provision of safe, reliable, and competitively priced energy services across the United States, particularly in the West and Midwest regions.

Xcel Energy, a major energy provider serving millions of customers, is keen on implementing a groundbreaking capital investment plan amounting to $45 billion. This ambitious initiative is designed to enhance the resiliency of its transmission and distribution systems while shifting toward cleaner energy. As part of this commitment, Xcel is eager to harness the expertise of Jacobs to establish a Central Program Office and a dedicated Major Projects Group that will spearhead a multi-billion-dollar program aimed at upgrading the energy infrastructure and meeting future energy demands.

Jacobs will play a crucial role in managing a diverse portfolio of Xcel Energy projects. This includes formulating recommendations for project selections, standardizing operational approaches, and transferring critical knowledge to ensure a seamless execution process. By creating and upholding rigorous capital delivery standards, Jacobs aims to enhance the efficiency of Xcel’s various transmission, distribution, and generation projects.

Fiachra Ó Cléirigh, Executive Vice President at Jacobs, emphasized the importance of their ongoing collaboration with Xcel Energy. He stated, "This program reflects Jacobs' commitment to delivering essential capital projects, advancing utility infrastructure, and preparing to meet future energy load demands. Our extensive experience in transmission and distribution, generation, and program management across multiple regions will significantly aid in ensuring reliable energy delivery for consumers."

The proactive approach by Xcel Energy focuses on tackling what is termed to be the largest transition in the energy grid in over a century. Michael Lamb, Senior Vice President of Customer Delivery at Xcel Energy, elaborated on this initiative, mentioning that the investment plan looks to not just reinforce existing structures but also incorporates the integration of carbon-free energy generation resources. This strategic shift also aims to support the electrification of vehicles and homes, effectively ensuring that the energy grid remains responsive to the increasing demand.

This collaboration between Jacobs and Xcel Energy builds upon Jacobs' numerous recent achievements within the energy market. The firm has made strides by acting as program manager for various innovative energy projects. For instance, they are involved with California’s hydrogen hub initiative, known as the Alliance for Renewable Clean Hydrogen Energy Systems (ARCHES), reinforcing their role at the forefront of energy solutions.

Reflecting their growing influence in this sector, Jacobs has been recognized as the number one company in Engineering News-Record's global Top 50 Program Management Firms for four consecutive years, and they currently hold the second position for Power, Solar Power, and Wind Power.

With approximately $12 billion in annual revenue and a dedicated workforce of nearly 45,000 employees, Jacobs is committed to reinventing tomorrow. Their comprehensive services cover advanced manufacturing, urban development, environmental management, energy solutions, transportation, and water services. By incorporating advisory, consulting, planning, design, and lifecycle management, Jacobs continues to strive toward creating a more sustainable and connected world. Learn more about their impactful work and initiatives at jacobs.com.

In summary, as Jacobs steps into this pivotal role with Xcel Energy, the energy sector can look forward to a transformative era marked by enhanced efficiency, sustainability, and reliability in energy services, ensuring that both current and future energy demands are effectively met.

Forward-looking statements in this announcement reflect management's expectations and involve inherent uncertainties regarding future operational outcomes. Various factors, including changes in economic conditions, legislation, and market dynamics, may influence actual results.

For more information or media inquiries, please reach out to media@jacobs.com.