MYR Group Inc. Obtains Transmission Contract Worth $200M

MYR Group Inc. MYRG announced it has entered into a contract with Central Maine Power Company, a subsidiary of Iberdrola USA, to construct and rebuild approximately 210 miles of 345-kilovolt (kV) and 115kV transmission lines throughout northeastern Maine. The contract value is approximately $200 million. The project includes the "Northern Loop" of the $1.4 billion Maine Power Reliability Program (MPRP), the largest energy infrastructure project in the state's history.