Williams Industrial Services Group Inc. and New England-based utility Eversource Energy entered a master service agreement (MSA), according to a press release on Sept. 21.

Effective Sept. 16, 2022, the MSA specifies that Williams will install, maintain, repair and provide additional necessary services regarding natural gas distribution systems for Eversource's natural gas pipeline in Connecticut and other New England locations.

The agreement will span a three-year period with an optional two-year extension, with no other additional terms currently disclosed.

“I’m pleased to announce this multi-year contract with Eversource, an important step forward regarding our strategic decision to enter the critical transmission and distribution market,” Williams president and CEO Tracy Pagliara commented in the release.

Headquartered in Atlanta, Williams will be helping expand the national energy grid under this agreement, Pagliara continued.

Furthermore, the agreement will allow the company to enhance its gross margin profile and overall performance in the next upcoming quarters.

“This area is experiencing dynamic growth through substantial investments to upgrade and expand the national energy grid, funded by the major capital budgets of our utility customers and supplemented by future federal spending from the recently enacted Infrastructure Investment and Jobs Act," Pagliara said.

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