NV5 Awarded $5 Million in High-Voltage Data Center Substation Design Services

Rhea-AI Summary

NV5 has secured $5 million in contracts to provide engineering design services for high-voltage substations supporting data centers in Georgia and Nevada. The company will deliver comprehensive services including materials development specifications, design engineering, construction oversight, and commissioning. The project involves designing substations operating between 120 kV and 345 kV, incorporating multiple transmission lines, high-capacity transformers, and advanced switchgear. NV5's scope includes relay settings, SCADA and HMI programming, and power system studies to ensure safety and stability. The company will also coordinate between electric utilities and data center development teams, leveraging its multidisciplinary expertise in high-reliability environments.

Positive

• Secured new contracts worth $5 million for data center infrastructure projects
• Demonstrates company's competitive advantage in the growing data center sector
• Expands presence in two strategic markets (Georgia and Nevada)
• Showcases technical capabilities in high-reliability infrastructure solutions

Negative

• None.

HOLLYWOOD, Fla., June 09, 2025 (GLOBE NEWSWIRE) -- NV5, a provider of tech-enabled engineering, certification, and consulting solutions, announced today that it has been awarded $5 million to deliver engineering design services for multiple high-voltage substations supporting data center facilities in Georgia and Nevada. NV5 will deliver materials development specifications, design engineering, construction oversight, commissioning, and coordination between electric utilities and data center development teams.

“These awards demonstrate NV5’s competitive advantage supporting not just the operability of data centers, but also the utility infrastructure required to power data center assets and surrounding communities,” said Ben Heraud, CEO of NV5. “Our multidisciplinary expertise allows us to meet the complex requirements of high-reliability environments such as data centers with integrated power infrastructure solutions.”

NV5 will provide essential services including relay settings, SCADA and HMI programming, and comprehensive power system studies to maintain safety and stability of substations operating between 120 kV and 345 kV. The designs will incorporate multiple incoming transmission lines, high-capacity transformers, and advanced switchgear to ensure maximum reliability and operational flexibility.

About NV5

NV5 Global, Inc. (NASDAQ: NVEE) is a leading provider of tech-enabled engineering, testing, inspection, and consulting solutions for the built environment. The Company specializes in engineering design, asset management, and geospatial data analytics to support infrastructure resilience and building systems performance throughout the entire asset lifecycle. NV5 operates out of more than 100 offices nationwide and abroad. For additional information, please visit the Company’s website at www.NV5.com. Also visit the Company on X, LinkedIn, and Facebook.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. The Company cautions that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by the forward-looking statements contained in this news release. Such factors include: (a) changes in demand from the local and state government and private clients that we serve; (b) general economic conditions, nationally and globally, and their effect on the market for our services; (c) competitive pressures and trends in our industry and our ability to successfully compete with our competitors; (d) changes in laws, regulations, or policies; and (e) the “Risk Factors” set forth in the Company’s most recent SEC filings. All forward-looking statements are based on information available to the Company on the date hereof, and the Company assumes no obligation to update such statements, except as required by law.

Investor Relations Contact

NV5 Global, Inc.

Jack Cochran

Executive Vice President, Strategic Growth & Investor Relations

Tel: +1-954-637-8048

Email: ir@nv5.com

Source: NV5 Global, Inc.

FAQ

What is the value of NV5's new data center substation contracts?

NV5 has been awarded $5 million for high-voltage substation design services supporting data centers in Georgia and Nevada.

What services will NV5 (NVEE) provide for the data center substations?

NV5 will provide materials development specifications, design engineering, construction oversight, commissioning, relay settings, SCADA and HMI programming, and power system studies.

What voltage range will the NV5-designed substations operate at?

The substations will operate between 120 kV and 345 kV, incorporating multiple transmission lines, high-capacity transformers, and advanced switchgear.

Where are the new NV5 data center substation projects located?

The high-voltage substation projects are located in Georgia and Nevada.

Who is the CEO of NV5?

Ben Heraud is the CEO of NV5.