TRC Awarded Substation EPC Project by National Grid

LOWELL, MA--(Marketwired - Oct 22, 2015) - TRC Companies, Inc. (NYSE: TRR), a recognized leader in engineering, consulting and construction management services to the energy, environmental and infrastructure markets, announced today it has been awarded a contract to engineer, procure and construct a new electric substation in downtown Providence, Rhode Island, to replace National Grid's existing South Street Station. This award represents the primary outsourced solution to completing a four-year, multi-faceted project, which includes the installation of 165 Megawatts of 115kV transformation. The new substation will support National Grid's customers, including the City of Providence and much of the downtown Providence area, with safe, efficient and reliable electricity for years to come. 

"TRC is proud to expand our long-standing relationship with National Grid by supporting them on this critical project," said Chris Vincze, Chairman and Chief Executive Officer. "As energy companies continue to tackle the issue of aging infrastructure and reliable service, TRC is dedicated to providing our utility clients with technical expertise and creative solutions to better serve their customers and the communities in which they work."

Under the contract, TRC will construct a new South Street Substation. Among other things, the work is planned to include an all new Control and Switchgear Building and adjacent yard; conversion of existing overhead line supply circuits to underground cable circuits; re-route of the existing underground feeder facilities to the new substation; performance of related substation modifications at remote substation terminals; and removal of existing overhead line circuits, unused portions of existing feeder getaways and substation facilities including the existing switchgear building.

Replacing the aging substation with new equipment and materials will improve efficiency and support National Grid's delivery of safe and reliable electricity to its customers. The project will also improve the environment and enhance skyline and river views by removing existing steel transmission towers.

Design and engineering for the project has begun and is expected to be complete in early 2016. The project is well into the permitting phase for regulatory and municipal approvals. The remaining construction, transmission installation and demolition activities will take place over three years and will commence upon receiving all needed permits. The new station is expected to be fully functional and the site restored to its original state by the end of summer 2019.

About TRC
A pioneer in groundbreaking scientific and engineering developments since the 1960s, TRC is a national engineering, environmental consulting and construction management firm that provides integrated services to the energy, environmental and infrastructure markets. TRC serves a broad range of clients in government and industry, implementing complex projects from initial concept to delivery and operation. TRC delivers results that enable clients to achieve success in a complex and changing world. For more information and updates from the Company, visit TRC's website at www.TRCsolutions.com and follow TRC on Twitter and StockTwits at @TRC_Companies and on LinkedIn.

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