Hill International Inc ( NYSE: HIL ) announced winning of contract of $3 million. Stock jumped more than 50% based on news. It has touched a new 52 week high of $ 7.38, it might be considered a breakout.
Hill International, the U.S. construction consulting firm, received a 4.7 million-real ($3 million) contract to expand a wind farm in Brazil.
Hill’s recently acquired Brazil unit Engineering SA will oversee the installation of 61 additional turbines at a New Energy Options Geracao de Energia project in the northern state of Rio Grande do Norte, Marlton, New Jersey-based Hill said in a statement yesterday. The expansion will cost a total of 592 million reais.
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Below is the detailed news:
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| Hill International Inc |
Hill International, the U.S. construction consulting firm, received a 4.7 million-real ($3 million) contract to expand a wind farm in Brazil.
Hill’s recently acquired Brazil unit Engineering SA will oversee the installation of 61 additional turbines at a New Energy Options Geracao de Energia project in the northern state of Rio Grande do Norte, Marlton, New Jersey-based Hill said in a statement yesterday. The expansion will cost a total of 592 million reais.
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