AECOM to manage delivery of Chemours green hydrogen facility expansion in France

June 08, 2023 at 06:55 AM EDT

AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced that it has been appointed to oversee the delivery of the expansion of The Chemours Company’s green hydrogen production facility in the Villers-Saint Paul (VSP) region of France. The expansion will allow Chemours to increase capacity and advance technology of its Nafion™ Ion Exchange materials platform, a key component for electrolysers to produce green hydrogen, which will in turn enable Chemours to support the growing market demand for clean hydrogen generation, while supporting its broader global decarbonization efforts.

AECOM’s global asset delivery expertise combined with its local presence made it the preferred partner for the expansion. For over three decades, AECOM has been supporting clients in France by providing environmental, engineering, and project management services for a wide range of industry sectors and project types. Its work has encompassed projects both in the public and private sectors and has allowed it to align its expertise with the strategic goals of high-profile clients and leading-edge designers. This expansion is expected to benefit the local economy, as it will create new jobs and provide opportunities for companies looking to collaborate with AECOM and Chemours.

“We’re very pleased to have been appointed to manage the delivery of the expansion of Chemours’s capacities in France,” said Colin Wood, chief executive of AECOM’s Europe and India region. “Enabling facilities to produce green hydrogen is central to decarbonization efforts and to enabling the clean energy transition. Our track record of delivering large scale project management services internationally, as well as our extensive sector expertise, will help ensure the successful delivery of Chemours VSP.”

AECOM has previously undertaken similar project management services for Chemours in the U.S. AECOM is also engaged in supporting Chemours at the Villers-Saint-Paul site with permitting support through AECOM’s Environment team. AECOM’s multidisciplinary team in France operates across three business segments: Environment; Engineering and Construction Management; and Transaction Advisory.

This appointment further solidifies AECOM’s status as a leading partner in the development of green hydrogen. Earlier this year, AECOM announced a strategic agreement with Spanish infrastructure group URBAS to develop green hydrogen, green ammonia, and biofuels projects. AECOM is also part of a framework working on ATOME Energy’s green hydrogen and ammonia facility in Villeta, Paraguay, which is being supported by Paraguay’s National Electricity Commission.

About AECOM

AECOM (NYSE: ACM) is the world’s trusted infrastructure consulting firm, delivering professional services throughout the project lifecycle – from advisory, planning, design and engineering to program and construction management. On projects spanning transportation, buildings, water, new energy and the environment, our public- and private-sector clients trust us to solve their most complex challenges. Our teams are driven by a common purpose to deliver a better world through our unrivaled technical and digital expertise, a culture of equity, diversity and inclusion, and a commitment to environmental, social and governance priorities. AECOM is a Fortune 500 firm and its Professional Services business had revenue of $13.1 billion in fiscal year 2022. See how we are delivering sustainable legacies for generations to come at aecom.com and @AECOM.

Forward-Looking Statements

All statements in this communication other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including any statements of the plans, strategies and objectives for future operations, profitability, strategic value creation, risk profile and investment strategies, and any statements regarding future economic conditions or performance, and the expected financial and operational results of AECOM. Although we believe that the expectations 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, but are not limited to, the following: our business is cyclical and vulnerable to economic downturns and client spending reductions; limited control over operations that run through our joint venture entities; liability for misconduct by our employees or consultants; failure to comply with laws or regulations applicable to our business; maintaining adequate surety and financial capacity; potential high leverage and inability to service our debt and guarantees; ability to continue payment of dividends; exposure to political and economic risks in different countries, including tariffs; currency exchange rate and interest fluctuations; retaining and recruiting key technical and management personnel; legal claims; inadequate insurance coverage; environmental law compliance and adequate nuclear indemnification; unexpected adjustments and cancellations related to our backlog; partners and third parties who may fail to satisfy their legal obligations; AECOM Capital real estate development projects; managing pension cost; cybersecurity issues, IT outages and data privacy; risks associated with the expected benefits and costs of the sale of our Management Services and self-perform at-risk civil infrastructure, power construction and oil and gas construction businesses, including the risk that any contingent purchase price adjustments from those transactions could be unfavorable and result in lower aggregate cash proceeds and any future proceeds owed to us under those transactions could be lower than we expect; as well as other additional risks and factors that could cause actual results to differ materially from our forward-looking statements set forth in our reports filed with the Securities and Exchange Commission. Any forward-looking statements are made as of the date hereof. We do not intend, and undertake no obligation, to update any forward-looking statement.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230608005118/en/

Contacts

Media Contact:

Brendan Ranson-Walsh

Senior Vice President, Global Communications

1.213.996.2367

Brendan.Ranson-Walsh@aecom.com

Investor Contact:

Will Gabrielski

Senior Vice President, Finance, Treasurer

1.213.593.8208

William.Gabrielski@aecom.com

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AECOM to manage delivery of Chemours green hydrogen facility expansion in France

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