PARTNERSHIP WITH DURO FELGUERA
Combined Expertise of Two Industry Leaders
Overview of Duro Felguera
METCO Engineering and Duro Felguera have signed a Memorandum of Understanding (MoU) for resilient and energy efficient projects in the U.S. combining their resources, experiences and unique skill-sets. This joint venture is a leap forward in implementing sustainable energy solutions across the United States, particularly in Texas.
The agreement was made to contract over $200-500 million U.S. dollars per year. In order to achieve this goal, a pipeline of power generation projects have been selected for private and government bodies that meet the work capacities of both the companies. A joint workforce has been created to follow up and bid on the projects.
The partnership is also an attempt for DF to relaunch its business plan in the market and take its due place with the technology giants. By undertaking projects together, both parties are exploring new frontiers of collaboration and innovation.
Benefits of this Partnership
The METCO-DF partnership is the stepping stone towards solving energy problems in the U.S. Identifying the high demand for resilient and sustainable energy, the partnership aims to provide cutting-edge solutions.
The advantages of such a power-pact are numerous, including but not limited to:
- Shared resources, expertise and skills
- Better returns and revenue
- Lower operational risk profile in the market
- Technological advances
METCO and Duro Felguera have strengthened their market positions by this strategic partnership that promises to address energy problems across different states of the U.S.