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Jacobs Solutions (J) Selected for 288MW Palmer Wind Farm Project
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The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational. Jacobs Solutions Inc. (NYSE:J) is one of the 15 Best Data Center Stocks to Buy and Hold for the Next Decade. On July 2, 2026, Jacobs Solutions Inc. (NYSE:J) was selected by Tilt Renewables as Owner's Engineer for its 288-megawatt Palmer Wind Farm near Adelaide, South Australia. The project will feature 407.2MW wind turbine generators, connecting to the grid at 275 kilovolts through two new substations and a transmission line to the existing Tungkillo switching station. Jacobs will provide delivery phase services, including design and documentation review, construction monitoring, grid connection support, and site inspections. Construction will begin in 2026 and is expected to be completed in 2028. Also on July 2, Truist analyst Jamie Cook lowered the firm's price target on Jacobs to $149 from $150 and kept a Hold rating on the shares. Truist adjusted estimates and targets in the machinery, infrastructure services, and multi-industry group as part of a Q2 preview. Cook said the firm sees a positive setup for Q2 earnings reports across the sector, with demand trends remaining strong and supported by secular growth tailwinds in power, data center, aerospace and defense, and infrastructure. On June 30, Jacobs was selected by the Orange County Transportation Authority to provide construction management services for two major highway improvement projects in Orange County, California. The SR-91 Improvement Project between La Palma and SR-55 will add a new eastbound general-purpose lane, widen bridges, and reconstruct interchanges. Jacobs will also provide construction management services for the I-5 Improvement Project between I-405 and Yale Avenue. Jacobs Solutions Inc. (NYSE:J) engages in infrastructure and advanced facilities, and consulting businesses in the United States, Europe, Canada, India, Asia, Australia, New Zealand, the Middle East, and Africa. While we acknowledge the potential of J as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Disclosure: None. Follow Insider Monkey on Google News.
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