We are thrilled to announce the acquisition of Cupertino Electric, Inc. - a market leader in data center, energy, and commercial construction solutions. This strategic move enhances our ability to deliver comprehensive infrastructure solutions to our clients.
Duke Austin, Quanta’s President and Chief Executive Officer, commented, “We are excited to announce the acquisition of CEI, a company we have admired for more than a decade, and we welcome CEI’s employees to the Quanta family. CEI brings an exceptional management team and a premier craft-skilled workforce that complements Quanta’s culture and will create a comprehensive electrical infrastructure solution offering that we believe can facilitate innovative solutions between utilities and large power consumers – from electron generation to transmission to consumption. Further, CEI provides Quanta a low-voltage electrical platform to further diversify and expand our customer base and service offerings. CEI has vibrant end-markets, a strong and visible project backlog and an accretive contribution to Quanta’s growth, cash flow conversion, returns and earnings per share.”
Discover more about this exciting development: https://lnkd.in/ghQQcrH5
#wearequanta #acquisition #infrastructuresolutions #construction #energy #datacenters
Senior Scientist @ US DOE Oak Ridge National Laboratory/Joint Faculty Professor UTK | Licensed Professional Engineer (P.E.)
2dOutstanding Srijan ! great to see the fantastic legal work you are learning at a Fortune 500 Company and then being recognized for National Intern Day ! Keep up the good work!