Jacobs Wins Roles on Major New Wind Farm Project in Australia

Selection reinforces reputation as a leader in the delivery of renewable
energy projects

DALLAS–(BUSINESS WIRE)–Jacobs
Engineering Group Inc. (NYSE:JEC) has been appointed by the Powering
Australian Renewables Fund (PARF), to carry out the project management
and owners engineers’ roles for a proposed 200 Megawatt wind farm in
Western New South Wales, Australia.

The AUD$450 million (US$356 million) Silverton Wind Farm will produce
approximately 780,000 Megawatt hours of renewable energy annually,
enough to power more than 137,000 average Australian homes. The energy
produced from the wind farm’s 58 turbines is predicted to reduce CO2
emissions by 655,000 tons annually, which is the equivalent of taking
192,000 cars off the road each year.

PARF
is a partnership created by Australian energy company AGL Energy Limited
(AGL) to develop, own and manage approximately 1,000 Megawatts of
large-scale renewable energy infrastructure assets and projects. The
PARF’s equity partners include AGL and QIC, on behalf of its clients the
Future Fund and those invested in the QIC Global Infrastructure Fund.
The Future Fund is a sovereign wealth fund which aims to invest in
projects that benefit future generations of Australians.

“Jacobs has a proven history in successfully delivering all types of
renewable power generation projects,” said Jacobs Senior Vice President
Patrick Hill. “In wind, we have completed hundreds of projects globally
and we have an extensive history in this market in Australia, especially
working with AGL.

“This project builds on the support we have provided AGL in the
renewables market, delivering two of Australia’s largest solar power
plants at Nyngan and Broken Hill. Jacobs will provide leading edge
project management capabilities combined with our engineering skills to
help AGL deliver this landmark project,” added Hill.

Jacobs is one of the world’s largest and most diverse providers of
full-spectrum technical, professional and construction services for
industrial, commercial and government organizations globally. The
company employs over 54,000 people and operates in more than 25
countries around the world. For more information, visit www.jacobs.com.

Statements made in this release that are not based on historical fact
are forward-looking statements. We base these forward-looking statements
on management’s current estimates and expectations as well as currently
available competitive, financial and economic data. Forward-looking
statements, however, are inherently uncertain. There are a variety of
factors that could cause business results to differ materially from our
forward-looking statements. For a description of some of the factors
which may occur that could cause actual results to differ from our
forward-looking statements please refer to our Form 10-K for the year
ended September 30, 2016, and in particular the discussions contained
under Items 1 – Business, 1A – Risk Factors, 3 – Legal Proceedings, and
7 – Management’s Discussion and Analysis of Financial Condition and
Results of Operations. We do not undertake to update any forward-looking
statements made herein.

Contacts

Jacobs Engineering Group Inc.
Salim Rahimi, 214-583-8428