Quanta Services to Acquire Blattner Holding Company

09-07-2021

HOUSTON, Sept. 2, 2021 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that it has entered into a definitive agreement to acquire Blattner Holding Company (Blattner), one of the largest and leading utility-scale renewable energy infrastructure solutions provider in North America. Founded in 1907 and headquartered in Avon, Minnesota, Blattner provides front-end engineering, procurement, project management and construction services to leading renewable energy developers for wind, solar and energy storage projects. Through its geographically and technologically diverse capabilities, Blattner has completed or been awarded more than 300 wind projects (+49 GW installed generating capacity), more than 90 solar projects (+12 GW installed generating capacity) and 17 energy storage projects. Over the last several years, Blattner has achieved double-digit organic revenue and profit growth by leveraging its operational expertise and collaborative customer relationships. Blattner generated full-year 2020 revenues and adjusted EBITDA (a non-GAAP measure) of approximately $2.4 billion and $291 million, respectively. As described in further detail below, the consideration to be paid at closing for the transaction is approximately $2.7 billion.

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El Valor’s Annual Golf Outing

09-20-2021

HBK golfers participated in El Valor’s Annual Golf Outing at Silver Lake Country Club in Orland Park, IL. HBKers joined ComEd and Electric Conduit Construction employees, among others, for the day of golfing and networking to support the nonprofit community-based organization. A highlight of the event came during the banquet when a child who was a part of El Valor’s transitional housing program shared his experience of moving into a newly built home and how appreciative he was for donors support of the organization.
 

Houston Habitat for Humanity Women Build 2021

09-22-2021

The theme for Houston Habitat Women Build 2021 was “building strength, stability, self-reliance and shelter.” HBKers from The Woodlands office did exactly that and worked through some weather conditions to assist building two new homes during the event. Part of the group helped frame the interior of one home while the others worked to reinstall windows in the other. Volunteers enjoyed making an Impact and are ready to come back for more.