NV5 Expands Data Center Platform in Thailand with 250 MW of Large-Scale Projects and $6 Million Hyperscale Data Center Award
28 February 2025 - 12:00AM
NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a
provider of technology, certification, and consulting solutions,
announced today that it has secured over 250 megawatts (MW) of data
center projects in Thailand, reinforcing NV5’s position as a key
partner in the expansion of large scale data center
infrastructure. NV5 has accelerated its growth in the
Thailand data center market with the recent award of a $6 million
project to provide commissioning for a U.S. technology company’s
hyperscale data center. NV5’s commissioning services
will verify and test the facility’s systems and equipment,
including leading edge cooling and ventilation systems.
“Our commitment to reliability and excellence has built
long-lasting relationships with clients in Thailand and worldwide,
positioning NV5 as a trusted advisor in the global growth of data
centers,” said Ben Heraud, Chief Executive Officer of NV5. “As
cloud services and AI drive unprecedented demand for
high-performance infrastructure, we remain dedicated to delivering
innovative testing, inspection, and certification (TIC) and design
solutions that enhance operational efficiency, reliability, and
sustainability on a global scale.”
As the second-largest digital economy in Southeast Asia,
Thailand’s rapid growth is projected to surpass $50 billion in
2025. The country’s skilled workforce and significant government
investment in digital infrastructure make it an attractive
destination for hyperscalers seeking to expand in the region.
“NV5’s expertise in recurring commissioning and data center
design services is pivotal in helping clients establish and scale
their data center operations across Thailand. We have been awarded
several projects, including technical due diligence, commissioning,
and design for large-scale data centers, and we are excited about
the growth opportunities in Thailand and the region,” said Gary
Hui, Chief Operating Officer, NV5 Mission Critical.
About NV5NV5 Global, Inc. (NASDAQ: NVEE) is a
provider of technology, certification, and consulting solutions for
public and private sector clients supporting utility,
infrastructure, and building assets and systems. The Company
primarily focuses on six business verticals: Utility services,
infrastructure support, conformity assessment, buildings &
technology, environmental, and geospatial services. NV5 operates
out of more than 100 offices nationwide and abroad. For additional
information, please visit the Company’s website at www.NV5.com.
Also visit the Company on Twitter, LinkedIn, Facebook, and
Vimeo.
Forward-Looking StatementsThis press release
contains “forward-looking statements” within the meaning of the
safe harbor provisions of the U.S. Private Securities Litigation
Reform Act of 1995. The Company cautions that these statements are
qualified by important factors that could cause actual results to
differ materially from those reflected by the forward-looking
statements contained in this news release. Such factors include:
(a) changes in demand from the local and state government and
private clients that we serve; (b) general economic conditions,
nationally and globally, and their effect on the market for our
services; (c) competitive pressures and trends in our industry and
our ability to successfully compete with our competitors; (d)
changes in laws, regulations, or policies; and (e) the “Risk
Factors” set forth in the Company’s most recent SEC filings. All
forward-looking statements are based on information available to
the Company on the date hereof, and the Company assumes no
obligation to update such statements, except as required by
law.
Investor Relations ContactNV5 Global, Inc. Jack
CochranVice President, Marketing & Investor RelationsTel:
+1-954-637-8048Email: ir@nv5.com Source: NV5 Global, Inc.
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