SAIC Subsidiary Teams with Gradient on Energy Project

SAIC (NYSE:SAI) subsidiary Benham Constructors and Gradient, a developer of geothermal energy projects, announced today have executed an engineering, procurement and construction contract for the delivery of a new 60 megawatt modular binary cycle power plant at its Patua project in northern Nevada.

According to SAIC, “Gradient’s Patua site, near Fernley NV, is the company’s first geothermal power plant. Drilling at Patua recommenced in February 2010. Physical construction of the first 60 MW phase of the power plant will begin in the second quarter of 2011; and the anticipated date for commercial operations is the 3rd quarter of 2012.”

“SAIC is committed to developing renewable, economically attractive energy resources nationwide, ” said J.T. Grumski, senior vice president and business unit general manager. “We look forward to working with Gradient and TAS to deliver the new plant, which will help tackle the growing need for a clean, reliable and secure energy supply.”

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