U.S. Southwest Region to Wrap Up $13 Billion in Projects in Second Quarter

---

Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. Southwest market region, which includes the states of Texas, Louisiana, Arkansas and Oklahoma, is on track to complete more than 400 projects with a combined total investment value of $13.09 billion from April through June of this year. Power projects, with more than $3.6 billion in planned completions, lead in terms of value, followed by Terminals and Oil & Gas Production.

Click on image at right for a breakdown by industry of planned second-quarter project completions in the U.S. Southwest market region.

Among the top Power Industry projects scheduled for completion during the quarter is SunEdison Incorporated's (NYSE:SUNE) (Maryland Heights, Missouri) 300-megawatt (MW) Phase II expansion of its South Plains windfarm in Lockney, Texas. The work, which includes the installation of 91 3.3-MW wind turbines began in the second quarter of last year and is expected to be wrapped up in May this year. M.A. Mortenson Company (Minneapolis, Minnesota) is acting as engineering, procurement and construction firm on the project. The project has an estimated total investment value of $600 million.

The top Terminals project scheduled for completion this quarter has an estimated total investment value of $1 billion. Work on Phillips 66's (NYSE:PSX) (Houston, Texas) grassroot liquefied petroleum gas (LPG) production and export terminal in Freeport, Texas, began in the first quarter of 2014 and is expected to be completed in June of this year. The terminal will have a production and export capacity of approximately 4.4 million barrels per month and will help meet continued growing demand for U.S.-sourced propane and butane.

Natural gas processing plants are among the top-value projects for the Oil & Gas Production Industry, with two projects valued at $200 million each. MarkWest Energy Partners LP's (NYSE:MWE) (Denver, Colorado) Hidalgo Complex grassroot cryogenic natural gas processing plant in Orla, Texas, is expected to be completed soon and will be able to process natural gas for Chevron Corporation (NYSE:CVX) (San Ramon, California) and Climarex Energy Company (Denver, Colorado) in the Permian Basin. Targa Resources Partners LP is also constructing a grassroot natural gas processing plant scheduled for completion this quarter. Construction on the Buffalo cryogenic natural gas processing near Midland, Texas, began in late 2014 and is expected to be completed by the end of this quarter. Both it and MarkWest's plant will have a processing capacity of 200 million standard cubic feet per day.

Information on these and thousands of other projects is available by subscribing to Industrial Info's Global Project Database.

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 www.industrialinfo.com.