Financial Performance And GrowthQuanta continues to outperform expectations, posting Q3 EBITDA of $858mn, 4% ahead of consensus.
Renewable Energy GrowthStrength in solar and battery energy storage systems (BESS) is a tailwind for Quanta Services, given its strong connections with top-tier renewable developers.
Strategic PartnershipsThe joint venture with Zachary Group and Blattner is seen as a strategic move to de-risk construction projects and leverage combined expertise, potentially expanding across the Southeast.