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Services ), and we all work together with a shared strategic platform .”
One of the key ways in which Terracon has and continues to establish itself as an industry expert in foundation design is through partnering with key industry players . Through this , Terracon is able to work with and demonstrate first-hand the true value of the P & H Tensionless Pier Foundation which in turn highlights its value in terms of , at least in part , helping to fill in the tax incentive gap .
Terracon has partnered with NextEra Energy Resources , one of the largest independent operators of power generating assets in North America . Terracon has been able to realise as much as 40 % savings in construction capital costs of NextEra ’ s wind turbine foundations through the P & H Tensionless Pier Foundation .
“ For NextEra it was an easy win ,” says Loftis . “ NextEra , like many companies , is faced with increased capital pressures as it deals with the expiration of the PTC . If Terracon can save one of the largest industry players 40 % on 25 % of their capital it is sort of a no-brainer .”
Terracon ’ s foundation is deep and cylindrical , as opposed to the gravity foundation which is typically flat and octagonal . The standard P & H Tensionless Pier Foundation requires
NOVEMBER 2018