MARLTON, N.J. and NEW CASTLE COUNTY, Del., Nov. 28, 2011 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it has received a contract from Diamond State Generation Partners LLC, a related company of Bloom Energy Corporation, to provide construction management services in connection with the development of the Red Lion Energy Center in New Castle County, Delaware.
The Red Lion Energy Center will be a fuel-cell technology, grid-tied, base-loaded generating station, using natural gas for fuel. Major equipment will include 135 fuel cell units, or "Bloom Boxes", grouped in clusters. The plant facilities will also include a natural gas regulating station, well, deionized water plant, water storage, administration and control building, and stormwater management systems.
"We are proud that Bloom Energy has entrusted Hill to manage the construction of its Red Lion Energy Center," said Michael V. Griffin, P.E., Hill's Senior Vice President and Mid-Atlantic Regional Manager. "This is truly a groundbreaking project utilizing groundbreaking green energy technology," Griffin added.
Bloom Energy is a provider of breakthrough solid oxide fuel cell technology that generates clean, highly-efficient power onsite from a wide variety of fuel sources. Bloom Energy's mission is to make clean, reliable energy affordable for everyone in the world. The Bloom Energy Server is currently producing power for several Fortune 500 companies. The company is headquartered in Sunnyvale, California. For more information on Bloom Energy, please visit their website at www.bloomenergy.com.
Hill International, with 3,100 employees in 100 offices worldwide, provides program management, project management, construction management and construction claims and consulting services. Engineering News-Record magazine recently ranked Hill as the 8th largest construction management firm in the United States. For more information on Hill, please visit our website at www.hillintl.com.
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Certain statements contained in this press release 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 contained in this press release, the matters set forth herein including, but not limited to, any projections of earnings or other financial items; any statements concerning our plans, strategies and objectives for future operations; and any statements regarding future economic conditions or performance, 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, performance and achievements, or industry results to differ materially from estimates or projections contained in our forward-looking statements include: modifications and termination of client contracts; control and operational issues pertaining to business activities that we conduct on our own behalf or pursuant to joint ventures with other parties; difficulties we may incur in implementing our acquisition strategy; the need to retain and recruit key technical and management personnel; and unexpected adjustments and cancellations related to our backlog. Additional factors that could cause actual results to differ materially from our forward-looking statements are set forth in the reports we have filed with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statement.
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