HIL Hill International

Hill International Supports Casa dos Ventos in Harnessing Brazil’s Wind

Hill International Supports Casa dos Ventos in Harnessing Brazil’s Wind

PHILADELPHIA and SÃO PAULO, Brazil, March 05, 2020 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it has been selected by Casa dos Ventos to provide owner’s engineering and construction management services for the construction of two wind farms: Rio do Vento Phase 2 and Babilônia Sul.

“We consider ourselves privileged to be participating in these two ventures led by Casa dos Ventos,” says Hill Country Manager for Brazil Leonardas Mitrulis. “Our involvement in the owner’s engineering ventures will help to ensure that the projects’ deadlines, costs, and quality are carefully controlled according to the expectations of the client. In the pre-construction phase, beginning in the third quarter of 2020, we’ll manage the bidding process for civil and electromechanical packages. Then construction will begin in February 2021.”

Rio do Vento Phase 2 will be located in the state of Rio Grande do Norte, where Hill already supports Casa dos Ventos with another wind farm that is currently under construction. The total investment for Rio do Vento Phase 2 will be approximately US$600 million and it will have an installed capacity of about 500 MW. Casa dos Ventos will also build a collector substation of 34.5 kV/500 kV and 24 km of transmission lines. Operations at this wind farm are expected to begin in December 2022. 

Babilônia Sul will be located in the municipalities of Morro do Chapéu and Várzea Nova in Bahia. This US$420 million wind farm will have an installed capacity of about 400 MW. Babilônia Sul will include a collector substation of 34.5 kV/230 kV and 31 km of transmission lines. Operations are expected to begin in June 2023.

Hill Chief Executive Officer Raouf Ghali says: “Our team in Brazil has been working on behalf of Casa dos Ventos since 2012 to assist them in the delivery of their wind farms. In addition to gaining valuable experience in this renewable energy sector, which is sure to continue growing in the future, our professionals have clearly demonstrated Hill’s value on such projects. In fact, there is no stronger testament to Hill’s value than the extension of a partnership with an existing client. We look forward to seeing these projects through completion, supporting our client’s goals, and maintaining our own rightful place as a major player in Brazil’s renewable energy sector.”

About Hill International

Hill International, with approximately 2,700 professionals in more than 50 offices worldwide, provides program management, project management, construction management, and other consulting services to clients in a variety of market sectors. Engineering News-Record magazine recently ranked Hill as the eighth-largest construction management firm in the United States. For more information on Hill, please visit our website at .

Forward Looking Statements

Certain statements contained herein may be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and it is our intent that any such statements be protected by the safe harbor created thereby. Except for historical information, the matters set forth herein including, but not limited to, any statements of belief or intent, any statements concerning our plans, strategies, and objectives for future operations are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and assumptions and are subject to certain risks and uncertainties. Although we believe that the expectations, estimates, and assumptions reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results to differ materially from estimates or projections contained in our forward-looking statements are set forth in the Risk Factors section and elsewhere in the reports we have filed with the Securities and Exchange Commission, including that unfavorable global economic conditions may adversely impact our business, our backlog may not be fully realized as revenue, and our expenses may be higher than anticipated. We do not intend, and undertake no obligation, to update any forward-looking statement.

Hill International, Inc.

Elizabeth J. Zipf, LEED AP BD+C

Senior Vice President

Hill International, Inc.

One Commerce Square

2005 Market Street, 17th Floor

Philadelphia, PA 19103

(215) 309-7707

EN
05/03/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Hill International

 PRESS RELEASE

Hill International to Provide Program General Engineering Consultant S...

Hill International to Provide Program General Engineering Consultant Support for Washington State Ferries’ System Electrification Program PHILADELPHIA and SEATTLE, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Hill International, Inc., delivering the infrastructure of change, announced today it was selected by the Washington State Department of Transportation (WSDOT) to provide Program General Engineering Consultant (GEC) services for the electrification of the Washington State Ferries (WSF) system. The ambitious System Electrification Program (SEP) will begin the transition to an emission-free fleet...

 PRESS RELEASE

Hill International to Deliver Support Services to Madrid Health Servic...

Hill International to Deliver Support Services to Madrid Health Service for Multiple Hospitals PHILADELPHIA and MADRID, Spain, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Hill International, delivering the infrastructure of change, announced today it was selected by the Madrid Health Service to provide Support to the Technical Control Unit, TCU (“Unidad Técnica de Control, UTC”) of the Madrid Department of Health. The purpose of this contract is the provision of technical support services to the Technical Control Unit (UTC) which has, among other things, the responsibility of monitoring, controlli...

 PRESS RELEASE

Hill International Awarded Contract to Provide Construction Management...

Hill International Awarded Contract to Provide Construction Management Services for Saudi Jordanian Investment Fund’s $400 Million Healthcare Project in Jordan PHILADELPHIA and AMMAN, Jordan, Dec. 06, 2022 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), delivering the infrastructure of change, announced today it has been awarded a contract to provide construction management services to the Saudi Jordanian Fund for Medical Educational Investment Company (SJFMEI), a subsidiary of the Saudi Jordanian Investment Fund (SJIF), for a new $400 million healthcare project in Amman, Jordan. Once...

 PRESS RELEASE

Hill International to Deliver Project Management Services for the Mode...

Hill International to Deliver Project Management Services for the Modernization of the Almaty Combined Heat and Power Plant 2 in Kazakhstan PHILADELPHIA and ASTANA, Kazakhstan, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), delivering the infrastructure of change, announced today it was selected by JSC Almaty Power Plants, as part of an international consortium together with its local partners, to provide project management services for the modernization of the Almaty Combined Heat and Power (CHP) Plant. Notably, Hill completed the tender preparation phase in less than f...

 PRESS RELEASE

Hill International Reports 2022 Third Quarter Financial Results

Hill International Reports 2022 Third Quarter Financial Results PHILADELPHIA, Nov. 11, 2022 (GLOBE NEWSWIRE) -- Hill International, Inc. (NYSE:HIL) ("Hill" or the "Company"), delivering the infrastructure of change, announced today its financial results for the third quarter and nine months ended September 30, 2022. Third Quarter 2022 Overview Total revenue increased to $109.6 million from $96.6 million in the prior year period.Consulting Fee Revenue (CFR) rose 10.5% to $85.1 million from $77.1 million in the prior year periodGross profit up 6.8% to $34.6 million from $32.4 million in t...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch