Quanta Services

Quanta Services

Specialty contractor for power, pipeline, and communications

About Quanta Services

Simplify's Rating
Why Quanta Services is rated
B+
Rated A on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Industrial & Manufacturing

Energy

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Houston, Texas

Founded

1997

Overview

Quanta Services provides specialized contracting services across various industries, including electric power, pipeline, industrial, and communications. Their offerings in the electric power sector include transmission, distribution, and renewable energy solutions, while in the pipeline and industrial sectors, they focus on gas distribution, construction, and integrity services. For communications, they support fiber optic deployment and 5G infrastructure. Quanta Services stands out from competitors due to its large, highly trained workforce of over 42,000 employees, ensuring safety and expertise in all projects. The company's goal is to deliver fully integrated solutions while maintaining a commitment to safety and innovation in the specialty contracting field.

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Simplify's Take

What believers are saying

  • Increased investment in renewable energy aligns with Quanta's expertise in wind and solar.
  • Grid modernization trends create opportunities for Quanta's advanced transmission solutions.
  • 5G network expansion boosts demand for Quanta's communications infrastructure services.

What critics are saying

  • Increased competition in renewable energy as companies secure significant capital.
  • Challenges in workforce training and retention in specialized fields.
  • Reliance on cloud solutions may expose Quanta to data security risks.

What makes Quanta Services unique

  • Quanta Services has the largest skilled workforce in North America.
  • The company offers fully integrated solutions across electric, pipeline, and communications industries.
  • Quanta Services is recognized as a top specialty contractor by industry publications.

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Funding

Total Funding

$252.9M

Above

Industry Average

Funded Over

2 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison
Coming Soon

Company News

ESD News
Apr 10th, 2025
RayGen closes $127M capital raise backed by major players

RayGen Resources has closed one of the largest clean energy technology capital raises in Australian history.

PR Newswire
Mar 21st, 2025
Quanta Services Announces Quarterly Cash Dividend

HOUSTON, March 21, 2025 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that its Board of Directors has declared a quarterly cash dividend to stockholders of $0.10 per share, or a rate of $0.40 per share on an annualized basis. The dividend is payable on April 11, 2025, to stockholders of record as of April 3, 2025. About Quanta ServicesQuanta is an industry leader in providing specialized infrastructure solutions to the utility, renewable energy, technology, communications, pipeline and energy industries. Quanta's comprehensive services include designing, installing, repairing and maintaining energy and communications infrastructure. With operations throughout the United States, Canada, Australia and select other international markets, Quanta has the manpower, resources and expertise to safely complete projects that are local, regional, national or international in scope

ETF Daily News
Jan 17th, 2025
Miracle Mile Advisors LLC Invests $203,000 in Quanta Services, Inc. (NYSE:PWR)

Miracle Mile Advisors LLC invests $203,000 in Quanta Services, Inc. (NYSE:PWR).

TDWorld
Jan 2nd, 2025
New Line Life Podcast: Training Tomorrow's Field Workforce in Puerto Rico

In June 2021, Quanta Services Inc. and ATCO launched LUMA Energy through a joint venture.

Cision
Dec 10th, 2024
Quanta Services Australia Chooses Ifs Cloud To Drive Consolidation And Fuel Growth

Quanta Services Australia chooses IFS Cloud to drive consolidation and fuel growth

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