Matrix NAC wins construction of a new substation by

TULSA, Okla., Feb. 08 12, 2022 (GLOBE NEWSWIRE) — Matrix Service Company (Nasdaq: MTRX) today announced that its subsidiary Matrix NAC has been awarded the construction of a new substation as well as transmission and distribution work at Talen Energy Corporation (“Talen”), Cumulus Data (“Cumulus”), Susquehanna’s flagship data center campus, currently under construction outside of Berwick, Pennsylvania. The 475 megawatt (MW) maximum capacity campus will be powered by Talen’s adjacent nuclear generating facility at Susquehanna. The substation will support efforts to provide low-cost, reliable, carbon-free power from Susquehanna to the data center and cryptocurrency processing customers operating on campus.

“We are delighted to have entered into a contract with Matrix NAC for this important infrastructure project,” said Kevin Dalton, Data Center Manager. “As technology adoption grows and demand for energy increases to support data storage and processing activities, so does the call for decarbonizing these energy sources. We appreciate Matrix NAC’s support to help move our flagship data center campus project forward, through their substation construction and transmission and distribution work.

John R. Hewitt, President and CEO of Matrix Service Company, said, “We appreciate the opportunity provided by Talen and its subsidiary Cumulus to support their strategic goals of developing low-cost, zero-carbon data centers and of a cryptocurrency mining infrastructure. In addition to supporting new clean energy projects, this project marks an expansion of our electrical infrastructure services into new geographic markets. We look forward to delivering this project safely, on time and on budget.

Matrix Services Company

Matrix Service Company (Nasdaq: MTRX), through its subsidiaries, is a leading North American industrial engineering and construction contractor headquartered in Tulsa, Oklahoma, with offices located in the United States and Canada , as well as Sydney, Australia and Seoul, South Korea.

The Company reports financial results in three key operating segments: Utilities and Power Infrastructure, Industrial Process and Facilities, and Storage and Terminal Solutions.

By emphasizing sustainability, developing strong environmental, social and governance (ESG) practices and living up to our core values, Matrix is ​​ranked among the top contractors by Engineering-News Record, has been recognized for the diversification of its Board of Directors by 2020 Women on Boards, is an active signatory of CEO Action for Diversity and Inclusion, and is consistently recognized as a Great Place to Work®. To learn more about Matrix Service Company, visit matrixservicecompany.com

For more information about Matrix, please contact:

Matrix Services Company
Kevin S. Cavanah
Vice President and Chief Financial Officer
Phone. : 918-838-8822
E-mail: [email protected]

Kelly Smith
Senior Director, Investor Relations
Phone. : 918-359-8267
E-mail: [email protected]

About Cumulus data
Cumulus Data, a subsidiary of Talen, is developing a 475 megawatt hyperscale data center campus located outside of Berwick, Pennsylvania, with the potential to expand operations to other sites across the United States. Susquehanna’s flagship campus will be powered by >1 gigawatt of ultra-reliable, carbon-free nuclear power, 24 hours a day, 7 days a week, with the lowest total cost of ownership (TCO) for data center customers cloud in the United States. Cumulus Data is also expected to offer customers the option to complement its carbon-free offering with 400 megawatts of new solar generation capacity being developed by Talen’s Cumulus Renewables business. Cumulus Data has inaugurated its digital campus and plans to have its first data center available for rent in the second half of 2022. For more information, visit: https://cumulusinfra.com/.
Cumulus Data is part of Talen’s Cumulus Growth subsidiary, which develops a large-scale portfolio of renewable energy, battery storage and digital infrastructure assets across Talen Energy Supply’s extensive footprint. For more information, visit https://www.talenenergy.com/about-talen/

Contact Investor
Olivia Sigo
Senior Director, Corporate Finance, Investor Relations and ESG
281-203-5387
[email protected]

Media Contact
Taryne Williams
Corporate Communication Director
610-601-0327
[email protected]

This release contains forward-looking statements that are made in reliance on the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are generally accompanied by words such as “anticipate”, “continue”, “expect “, ” provide “. “, “outlook”, “believe”, “estimate”, “should” and “will” and words of similar effect which convey future meaning, relating to the operations of the Company, economic performance and the best judgment of the direction as to what might happen in the future. Future events involve risks and uncertainties that may cause actual results to differ materially from those we currently anticipate. Actual results for current and future periods and other business developments will depend on a number of economic, competitive and other influences, including the factors discussed in the “Risk Factors” and “Forward-Looking Statements” sections. and elsewhere in reports and filings made from time to time with the Securities and Exchange Commission. Many of these risks and uncertainties are beyond the Company’s control, and any one of them, or a combination thereof, could have a material and adverse effect on the Company’s results of operations and financial condition. . We assume no obligation to update the information contained in this press release.

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