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Released October 08, 2024 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Founded in 1954 by its namesake, M.A. Mortenson Company (Minneapolis, Minnesota) has become a leading construction firm in the U.S. The company has gained a reputation as one of the most reliable U.S. contractors in the renewable energy sector, and while these power projects account for a substantial number of Mortenson's projects, they are joined by projects in other sectors such as manufacturing, data centers and the life sciences. Industrial Info is tracking more than $21.5 billion worth of projects in which M.A. Mortenson is playing a role.
Mortenson's project list is teeming with renewable projects, both solar and wind. Easily the largest such Mortenson project is the Sierra Madre and Chokecherry windfarms near Rawlins, Wyoming. The huge windfarms are adjacent to one another and often discussed as a single project. Each windfarm will include 500 turbines rated at 3 megawatts (MW) each, to provide 1,500 MW of power for each windfarm and a combined 3,000 MW of generation. Mortenson began construction on the windfarms in 2022 and is expected to be completed with the project in 2027. The power will be delivered to Southern California through a transmission project that broke ground last year. The two windfarm projects have a combined value of more than $5 billion. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can learn more by viewing the project reports on the Sierra Madre and Chokecherry windfarms.
While the Chokecherry and Sierra Madre windfarms push the value of Mortenson's wind projects above solar, the company actually has a higher number of active solar projects, although nothing as large as the blockbuster Wyoming windfarms. Mortenson is on the home stretch toward completion of Kenlov Renewable Energy's (Ramat Gan, Israel) Tierra Bonita solar project near Girvin, Texas, for which Mortenson is providing complete engineering, procurement and contracting services. Construction began in early 2023, when Mortenson began situating the first of more than 600,000 solar modules that will generate up to 399 MW of power when completed later this year. Subscribers can click here to learn more about the project.
Mortenson also has bagged a series of lucrative contracts from NextEra Energy Incorporated (NYSE:NEE) (Juno Beach, Florida) subsidiary Florida Power & Light Company (FPL) and Duke Energy Corporation (NYSE:DUK) (Charlotte, North Carolina) for smaller solar plants providing about 75 MW of generation at peak capacity throughout Florida. Examples of this sort of project include the Fawn photovoltaic solar center in Martin County, just north of the state's southern urban sprawl of Miami, Fort Lauderdale, Boca Raton and West Palm Beach. The Fawn solar plant will be FPL's fifth solar plant in the county. Construction on the 74.5-MW plant kicked off earlier this year and is expected to be completed in early 2025. For the project, Mortenson is placing approximately 200,000 First Solar Incorporated (NASDAQ:FSLR) (Tempe, Arizona) modules. Subscribers can learn more by viewing the project report.
Next summer, Mortenson could begin construction of a plant that manufactures the photovoltaic panels that drive solar plants. Vikram Group (Maharashtra, India) has selected Mortenson to oversee construction of a grassroot panel manufacturing plant in Brighton, Colorado. The project will be built in stages, with construction of the first stage expected to kick off early next summer. Mortenson will build a 1.7 million-square-foot manufacturing facility with supporting equipment to produce 2 gigawatts (GW) of solar panels annually. The first part of the project is expected to take a little more than a year to complete, upon which Vikram plans for Mortenson to begin work on another manufacturing building at the site that will double production to 4 GW of panels per year. Subscribers to Industrial Info's Industrial Manufacturing Project Database can learn more by viewing the related project reports.
Part of the reason for this buildout of renewable power is a parallel buildout of power-hungry data centers, many of whose parent companies are aiming to offset power use through the purchase of renewable energy. One such example is Google parent Alphabet Incorporated (NASDAQ:GOOGL) (Mountain View, California), for which Mortenson is acting as general contractor on a data center project in Lincoln, Nebraska. To help expand its data capabilities in the Great Plains region, Alphabet has employed Mortenson as the general contractor on the project, which will see a 1 million-square-foot building go up and begin operations in 2026, possibly followed by subsequent construction. The facility will be the third Google data center in Nebraska. Subscribers can click here to learn more about the project.
Mortenson also is gaining a solid reputation in the Pharmaceutical-Biotech Industry, which accounts for nearly $930 million worth of its active projects. One such project falls under the ownership of FUJIFILM Cellular Dynamics International (Madison, Wisconsin), a subsidiary of FUJIFILM that aims to manufacture human-induced pluripotent stem cells (iPSCs) at the site of a former John Deere plant in Madison. For the project, Mortenson is renovating about 98,000 square feet of the plant and expanding it by another 42,000 square feet. The building will house not only manufacturing space for IPSCs, which can be used in disease research and treatment, but also administrative space and an employee café. Mortenson began work on the project in the summer of 2023 and is expected to be completed with its construction in early 2026. Subscribers to Industrial Info's Pharmaceutical-Biotech Project Database can click here to learn more.
Subscribers to Industrial Info's GMI Database can click here to view reports for all of the projects discussed in this article and click here for the related plant profiles.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
Mortenson's project list is teeming with renewable projects, both solar and wind. Easily the largest such Mortenson project is the Sierra Madre and Chokecherry windfarms near Rawlins, Wyoming. The huge windfarms are adjacent to one another and often discussed as a single project. Each windfarm will include 500 turbines rated at 3 megawatts (MW) each, to provide 1,500 MW of power for each windfarm and a combined 3,000 MW of generation. Mortenson began construction on the windfarms in 2022 and is expected to be completed with the project in 2027. The power will be delivered to Southern California through a transmission project that broke ground last year. The two windfarm projects have a combined value of more than $5 billion. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can learn more by viewing the project reports on the Sierra Madre and Chokecherry windfarms.
While the Chokecherry and Sierra Madre windfarms push the value of Mortenson's wind projects above solar, the company actually has a higher number of active solar projects, although nothing as large as the blockbuster Wyoming windfarms. Mortenson is on the home stretch toward completion of Kenlov Renewable Energy's (Ramat Gan, Israel) Tierra Bonita solar project near Girvin, Texas, for which Mortenson is providing complete engineering, procurement and contracting services. Construction began in early 2023, when Mortenson began situating the first of more than 600,000 solar modules that will generate up to 399 MW of power when completed later this year. Subscribers can click here to learn more about the project.
Mortenson also has bagged a series of lucrative contracts from NextEra Energy Incorporated (NYSE:NEE) (Juno Beach, Florida) subsidiary Florida Power & Light Company (FPL) and Duke Energy Corporation (NYSE:DUK) (Charlotte, North Carolina) for smaller solar plants providing about 75 MW of generation at peak capacity throughout Florida. Examples of this sort of project include the Fawn photovoltaic solar center in Martin County, just north of the state's southern urban sprawl of Miami, Fort Lauderdale, Boca Raton and West Palm Beach. The Fawn solar plant will be FPL's fifth solar plant in the county. Construction on the 74.5-MW plant kicked off earlier this year and is expected to be completed in early 2025. For the project, Mortenson is placing approximately 200,000 First Solar Incorporated (NASDAQ:FSLR) (Tempe, Arizona) modules. Subscribers can learn more by viewing the project report.
Next summer, Mortenson could begin construction of a plant that manufactures the photovoltaic panels that drive solar plants. Vikram Group (Maharashtra, India) has selected Mortenson to oversee construction of a grassroot panel manufacturing plant in Brighton, Colorado. The project will be built in stages, with construction of the first stage expected to kick off early next summer. Mortenson will build a 1.7 million-square-foot manufacturing facility with supporting equipment to produce 2 gigawatts (GW) of solar panels annually. The first part of the project is expected to take a little more than a year to complete, upon which Vikram plans for Mortenson to begin work on another manufacturing building at the site that will double production to 4 GW of panels per year. Subscribers to Industrial Info's Industrial Manufacturing Project Database can learn more by viewing the related project reports.
Part of the reason for this buildout of renewable power is a parallel buildout of power-hungry data centers, many of whose parent companies are aiming to offset power use through the purchase of renewable energy. One such example is Google parent Alphabet Incorporated (NASDAQ:GOOGL) (Mountain View, California), for which Mortenson is acting as general contractor on a data center project in Lincoln, Nebraska. To help expand its data capabilities in the Great Plains region, Alphabet has employed Mortenson as the general contractor on the project, which will see a 1 million-square-foot building go up and begin operations in 2026, possibly followed by subsequent construction. The facility will be the third Google data center in Nebraska. Subscribers can click here to learn more about the project.
Mortenson also is gaining a solid reputation in the Pharmaceutical-Biotech Industry, which accounts for nearly $930 million worth of its active projects. One such project falls under the ownership of FUJIFILM Cellular Dynamics International (Madison, Wisconsin), a subsidiary of FUJIFILM that aims to manufacture human-induced pluripotent stem cells (iPSCs) at the site of a former John Deere plant in Madison. For the project, Mortenson is renovating about 98,000 square feet of the plant and expanding it by another 42,000 square feet. The building will house not only manufacturing space for IPSCs, which can be used in disease research and treatment, but also administrative space and an employee café. Mortenson began work on the project in the summer of 2023 and is expected to be completed with its construction in early 2026. Subscribers to Industrial Info's Pharmaceutical-Biotech Project Database can click here to learn more.
Subscribers to Industrial Info's GMI Database can click here to view reports for all of the projects discussed in this article and click here for the related plant profiles.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
