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TTEK Tetra Tech Inc

207.75
3.49 (1.71%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Tetra Tech Inc NASDAQ:TTEK NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  3.49 1.71% 207.75 189.00 219.98 208.76 203.865 206.79 402,949 01:00:00

Tetra Tech Wins $19.5 Million USAID Water and Energy for Food Innovation Hub Contract

12/10/2021 2:00pm

Business Wire


Tetra Tech (NASDAQ:TTEK)
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Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services, announced today that the U.S. Agency for International Development (USAID) awarded the Company a four-year, $19.5 million, single-award contract to implement the Water and Energy for Food (WE4F) Southern and Central Africa Regional Innovation Hub in collaboration with Open Capital Advisors and the International Water Management Institute. WE4F focuses on scaling water-energy-food nexus innovations to enhance sustainable food production; increase income for marginalized populations; and promote biodiversity, climate, and environmental resilience.

Tetra Tech energy specialists will support the development and management of the Regional Innovation Hub to identify water-energy-food nexus companies throughout the region. Tetra Tech will support these companies to grow their operations through customized technical assistance that will increase food production through sustainable water and energy usage.

“Tetra Tech has supported USAID’s energy reform programs—including utility modernization and deployment of advanced off-grid power solutions—in Sub-Saharan Africa for more than 30 years,” said Dan Batrack, Tetra Tech Chairman and CEO. “We look forward to continuing to use our Leading with Science® approach to create sustainable water and clean energy solutions that build climate resilience and economic prosperity.”

About Tetra Tech Tetra Tech is a leading provider of high-end consulting and engineering services for projects worldwide. With 21,000 associates working together, Tetra Tech provides clear solutions to complex problems in water, environment, sustainable infrastructure, renewable energy, and international development. We are Leading with Science® to provide sustainable and resilient solutions for our clients. For more information about Tetra Tech, please visit tetratech.com or follow us on LinkedIn, Twitter, and Facebook.

Any statements made in this release that are not based on historical fact are forward-looking statements. Any forward-looking statements made in this release represent management’s best judgment as to what may occur in the future. However, Tetra Tech’s actual outcome and results are not guaranteed and are subject to certain risks, uncertainties and assumptions ("Future Factors"), and may differ materially from what is expressed. For a description of Future Factors that could cause actual results to differ materially from such forward-looking statements, see the discussion under the section "Risk Factors" included in the Company’s Form 10-K and Form 10-Q filings with the Securities and Exchange Commission.

Jim Wu, Investor Relations Charlie MacPherson, Media & Public Relations (626) 470-2844

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