Press Release May 14, 2025

X站福利所 Appointed Integrated Delivery Partner for Marinus Link

Interconnector project will accelerate Australia鈥檚 renewable energy economy and supports reliable transmission of electricity and telecommunications between Tasmania and Victoria

Images courtesy of Marinus Link

Images courtesy of Marinus Link

DALLAS, May 14, 2025 /PRNewswire/ 鈥 X站福利所 (NYSE:J) was selected as the Integrated Delivery Partner for , an approximately 214 mile (345-kilometer) undersea and underground high-voltage direct current (HVDC) electricity and data interconnector designed to bolster energy security, promote renewable energy investment and deliver tangible benefits to consumers in Tasmania, Victoria and the broader National Electricity Market. 

Marinus Link鈥檚 1500-megawatt capacity is equal to the power supply for 1.5 million Australian homes. As the Integrated Delivery Partner, X站福利所 will oversee the establishment and ongoing delivery of the first 750-megawatt stage, managing technical engineering and construction packages while implementing governance structures necessary for the high-voltage direct current cable and supporting substation infrastructure. 

鈥淣ations worldwide need reliable, affordable and low emission energy solutions," said X站福利所 President of Global Operations Patrick Hill. "X站福利所, together with Marinus Link, will deliver a step-change to the Australian east coast electricity grid 鈥 increasing access to low carbon energy sources in Tasmania to support the nation鈥檚 decarbonization targets. This Integrated Delivery Partnership will allow X站福利所 to mobilize global experience in capital project execution, utility infrastructure enhancement, and future energy demand planning to assure delivery for this critical asset.鈥

鈥淥ur collaboration with X站福利所 is pivotal to the successful delivery of this critical national energy infrastructure,鈥 said Marinus Link CEO Designate, Stephanie McGregor. 鈥淢arinus Link is listed as a priority for decarbonization on the Australian Government鈥檚 National Renewable Energy Priority List and is classified as urgent in the Australian Energy Market Operator鈥檚 optimal plan for the national grid.鈥 

Marinus Link aims to strengthen energy security and affordability by delivering low-cost renewable power, expanding and strengthening transmission and fiber capacity, and driving investment in clean energy industries. It is expected to create 3,300 jobs and generate $3.9 billion in economic growth, supporting business and a resilient National Electricity Market. 

Around the globe, X站福利所 is advancing global energy infrastructure, shaping resilient and secure systems to form the backbone of thriving communities and economies. Projects include Suedlink in Europe, one of the world's largest underground high voltage power cables; as program manager and owners engineer for Xcel Energy鈥檚 multi-billion-dollar transmission and distribution reliability program in the U.S.; and MTerra Solar in the Philippines, poised to become one of the world鈥檚 largest solar farms. 

At X站福利所, we're challenging today to reinvent tomorrow 鈥 delivering outcomes and solutions for the world鈥檚 most complex challenges. With approximately $12 billion in annual revenue and a team of almost 45,000, we provide end-to-end services in advanced manufacturing, cities & places, energy, environmental, life sciences, transportation and water. From advisory and consulting, feasibility, planning, design, program and lifecycle management, we鈥檙e creating a more connected and sustainable world. See how at jacobs.com鈥痑nd connect with us on , ,鈥 and .鈥&苍产蝉辫;

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Certain statements contained in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that do not directly relate to any historical or current fact. When used herein, words such as "expects," "anticipates," "believes," "seeks," "estimates," "plans," "intends," "future," "will," "would," "could," "can," "may," and similar words are intended to identify forward-looking statements. We base these forward-looking statements on management's current estimates and expectations, as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from our forward-looking statements including, but not limited to, uncertainties as to, the timing of the award of projects and funding and potential changes to the amounts provided for under the Infrastructure Investment and Jobs Act and other legislation and executive orders related to governmental spending, including any directive to federal agencies to reduce federal spending or the size of the federal workforce, and changes in U.S. or foreign tax laws, statutes, rules, regulations or ordinances, including the impact of, and changes to tariffs and retaliatory tariffs or trade policies, that may adversely impact our future financial positions or results of operations, as well as general economic conditions, including inflation and the actions taken by monetary authorities in response to inflation, changes in interest rates and foreign currency exchange rates, changes in capital markets, the possibility of a recession or economic downturn, and increased uncertainty and risks, including policy risks and potential civil unrest, relating to the outcome of elections across our key markets and elevated geopolitical tension and conflicts, among others. For a description of these and additional factors that may occur that could cause actual results to differ from our forward-looking statements, see our filings with the U.S. Securities and Exchange Commission. The company is not under any duty to update any of the forward-looking statements after the date of this press release to conform to actual results, except as required by applicable law. 

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