Quanta Services provides contracted design, installation, maintenance, and repair of infrastructure for the electric power, oil, natural gas, and pipeline industries. The company operates through two segments: Electric Power Infrastructure Services and Oil & Gas Infrastructure Services. 80% of Quanta’s business is conducted in the United States, with other operations primarily in Canada and Australia.
Quanta Services is an established leader in the engineering, procurement and construction of large commercial and utility-scale renewable energy facilities, primarily solar and wind power. Each year, the company is trusted to complete services on dozens of the highest-profile and largest renewable energy infrastructure projects in the United States. In order to increase efficiencies and enable the continued expansion of renewable power sources, Quanta also works on the United States’ aging electric power grids and natural gas pipelines. The company has a strong compliance record with respect to environmental regulations. Quanta invests heavily in workforce training in order to advance its employees’ opportunities and recently built a state-of-the-art training facility that provides a simulated and safe environment for learning best practices. The company incorporates proactive safety management systems and occupational health processes to mitigate and eliminate incidents/accidents and has steadily decreased its workforce injury rate in recent years.
Quanta Services does not release a corporate social responsibility report nor track its key performance indicators. Additionally, the company has one woman on its Board of Directors.
Country: United States
To the best of our knowledge the above information is accurate and was obtained from sources we believe to be reliable. Neither the information presented above nor any opinion expressed shall be construed as an offer to sell or a solicitation to buy the security. The views expressed are those of portfolio management as of 12/31/16 and may not reflect current opinions or subsequent events.