Infrastructure and Energy Alternatives, Inc. Announces Wind Energy Award Valued at Over $60 Million

INDIANAPOLIS, May 04, 2018 -- Infrastructure & Energy Alternatives, Inc. (NASDAQ:IEA) announced a new wind energy project award valued over sixty-million dollars today. The contract was secured by White Construction, Inc. a subsidiary company of IEA serving the energy and heavy civil market sectors.  

• The contract award is for the construction of a wind energy facility located in the United States. 
• The scope of work includes all public road maintenance and repairs, turbine access roads, wind turbine installation and MV collection system installation.
• The project commenced in April 2018 and completion is expected in the fourth quarter of 2018. 

ABOUT IEA

IEA is a leader in energy and heavy civil infrastructure construction, with the mission of meeting the essential infrastructure requirements of tomorrow–today. Through its portfolio of companies, IEA provides end-to-end services spanning the entire infrastructure construction process to clients across North America. Established in 2011, the company offers a full spectrum of delivery models including full engineering, procurement, and construction (EPC), turnkey, design-build, balance of plant (BOP), and subcontracting services. For more information, visit www.iea.net.

FORWARD LOOKING STATEMENTS 
The statements in this press release that are not historical statements, are forward-looking statements within the meaning of the federal securities laws. These forward-looking statements are based on information available as of the date hereof and our management's current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing our views as of any subsequent date. As a result of a number of known and unknown risks and uncertainties, our actual results or performance may be materially different from those expressed or implied by these forward-looking statements. For a description of some of the risks and uncertainties which could cause actual results to differ from our forward-looking statements please refer to our filings with the U.S. Securities & Exchange Commission, and in particular the discussions regarding risks therein. We do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

Contact:
Fred Buonocore
The Equity Group
212-836-9607
[email protected]