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Dominion's Atlantic Coast Pipeline Signs Contractor for Multi-State Services

Backers of the Atlantic Coast Pipeline, a proposed, 600-mile transmission project that would bring natural gas to Virginia and North Carolina, recently signed a construction contract with

Released Friday, September 30, 2016

Dominion's Atlantic Coast Pipeline Signs Contractor for Multi-State Services

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Researched by Industrial Info Resources (Sugar Land, Texas)--Backers of the Atlantic Coast Pipeline, a proposed, 600-mile transmission project that would bring natural gas to Virginia and North Carolina, recently signed a construction contract with Spring Ridge Constructors LLC. The pipeline is a joint venture among four major energy companies: Dominion Resources Incorporated (NYSE:D) (Richmond, Virginia), Duke Energy Corporation (NYSE:DUK) (Charlotte, North Carolina), Piedmont Natural Gas Company (NYSE:PNY) (Charlotte) and Southern Company Gas (Atlanta, Georgia). Industrial Info is tracking $1.31 billion in active projects related to the proposed project.

The Atlantic Coast Pipeline is awaiting approval from the U.S. Federal Energy Regulatory Commission (FERC), which it expects toward the summer of 2017. If approved, the companies involved expect construction to begin in the fall of the same year and end in late 2019.

According to Dominion, the pipeline would run from Harrison County, West Virginia, southeast through Virginia, with a lateral extension to Chesapeake, Virginia. It would then head south through eastern North Carolina to Robeson County. Natural gas would be sourced from the Utica and Marcellus shales.

As part of its coverage of the pipeline, Industrial Info is tracking four of its largest components: the $550 million portion that runs from Harrison County to Nottoway and Dinwiddie counties in Virginia; the $475 million portion that runs from Northhampton, Halifax and Nash counties in North Carolina to Robeson County, North Carolina; the $125 million portion that runs from Northampton County, North Carolina, to Chesapeake, Virginia; and the $55 million portion that runs from Brunswick County, Virginia, to Greensville County, Virginia. The lengths are expected to be 295.6 miles, 180.6 miles, 79.3 miles and 3.6 miles, respectively; the diameters are 42 inches, 36 inches, 20 inches and 16 inches, respectively.

For more information, see Industrial Info's project reports on the $550 million, $475 million, $125 million and $55 million portions.

Industrial Info also is following the proposed $85 million compressor station in Jackson, North Carolina, which is expected to support the pipeline portion that runs from Northhampton, Halifax and Nash counties in North Carolina to Robeson County, North Carolina; and the $20 million compressor station in Weston, West Virginia, which is expected to support the portion that runs from Harrison County to Nottoway and Dinwiddie counties in Virginia. For more information, see Industrial Info's project reports on the North Carolina and West Virginia pump stations.

Spring Ridge comprises four companies: Price Gregory International Incorporated, a subsidiary of Quanta Services Incorporated (NYSE:PWR) (Houston, Texas); U.S. Pipeline Incorporated (Houston); SMPC LLC; and Rockford Corporation (Tempe, Arizona), a subsidiary of Primoris Services Corporation (NASDAQ:PRIM) (Dallas, Texas).

Industrial Info is tracking about $6 billion in projects involving these four companies. The largest under construction is Anchorage Municipal Light & Power Company's (Anchorage, Alaska) $275 million expansion of the George M. Sullivan Generation Plant in Anchorage, Alaska, on which Price Gregory is performing engineering, procurement and construction (EPC) services. The project involves constructing a 2-on-1 combined-cycle unit consisting of two 40-megawatt (MW) General Electric (NYSE:GE) LM6000PF-25 DLE combustion turbines, with two IST Once-Through Heat Recovery Steam Generators, and a 40-MW GE steam turbine generator. It is set to be completed later this year. For more information, see Industrial Info's project report.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
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