MYR Group Inc. Awarded Contract With Cross Texas Transmission To Construct Approximately 235 Miles Of 345kV Transmission Line (MYRG)

MYR Group MYRG, a leading specialty contractor serving the electrical infrastructure market in the United States, announced it has executed a contract with Cross Texas Transmission, an affiliate of LS Power, to construct approximately 235 miles of 345-kilovolt (kV) transmission line in the State of Texas. The contract is valued in excess of $160 million. The project is part of the Competitive Renewable Energy Zone (CREZ) initiative, which is being developed to integrate additional renewable energy and increase system reliability throughout the Electric Reliability Council of Texas (ERCOT).