Carbon-neutral, zero-waste city to be 100% powered by renewable energy
LOS ANGELES--(BUSINESS WIRE)--Nov. 18, 2009--
AECOM Technology Corporation (NYSE: ACM), a leading provider of
professional technical and management support services for government
and commercial clients around the world, announced today that it has
been awarded a contract to provide project, design and construction
management as well as construction supervision for the Masdar Institute
Neighborhood (MIN) development in Masdar City, Abu Dhabi.
Masdar City is a 1,729-acre, US$22-billion development and the future
home of the International Renewable Energy Agency. It is designed to be
a carbon-neutral, zero-waste city.
“We take pride in the fact that sustainability is at the heart of every
project, so we are delighted to be part of this project,” said AECOM
President and CEO John M. Dionisio.
AECOM’s contract fee was not disclosed.
In order to meet its sustainability objectives, the MIN development will
use 100% renewable energy sources, advanced design and technology
integration of building and infrastructure systems, and a fundamental
shift in day-to-day behavior towards maintaining a sustainable community.
The MIN development is adjacent to the Masdar Institute of Science and
Technology and will include residential, hospitality, commercial and
retail developments as well as parks and playgrounds.
Masdar is an Abu Dhabi-based energy company that develops low-carbon
solutions. It is a wholly owned subsidiary of Mubadala Development
AECOM (NYSE: ACM) is a global provider of professional technical and
management support services to a broad range of markets, including
transportation, facilities, environmental, energy, water and government.
With approximately 45,000 employees around the world, AECOM is a leader
in all of the key markets that it serves. AECOM provides a blend of
global reach, local knowledge, innovation, and technical excellence in
delivering solutions that enhance and sustain the world's built,
natural, and social environments. A Fortune 500 company, AECOM
serves clients in more than 100 countries and had revenue of $6.1
billion during its fiscal year 2009. More information on AECOM and its
services can be found at www.aecom.com.
Forward-Looking Statements: All statements in this press release
other than statements of historical fact are "forward-looking
statements" for purposes of federal and state securities laws, including
any statements of plans for future operations or expected revenue. Actual
results could differ materially from those projected or assumed in any
of our forward-looking statements. Important factors that could
cause actual results to differ materially from our forward-looking
statements are set forth in our quarterly report on Form 10-Q for the
fiscal quarter ended June 30, 2009, and our other reports filed with the
U.S. Securities and Exchange Commission. AECOM does not intend,
and undertakes no obligation, to update any forward-looking statement.
Source: AECOM Technology Corporation
AECOM Technology Corporation
Paul Gennaro, 212-973-3167
Chief Communications Officer