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Recent Updates — PWR

August 6, 2026View Source ↗

On August 6, 2026, Quanta Services, Inc. closed a $2 billion senior unsecured debt offering consisting of three tranches of notes. The company issued $500 million of 4.850% Senior Notes due 2029, $750 million of 5.300% Senior Notes due 2033, and $750 million of 5.550% Senior Notes due 2036. Interest on all notes is payable semi-annually in arrears on February 9 and August 9, commencing February 9, 2027. The notes rank equally with existing senior unsecured indebtedness and are structurally subordinated to subsidiary debt. Quanta Services operates in the energy infrastructure sector, providing specialized construction, maintenance, and engineering services for power generation, transmission, and distribution networks.

August 4, 2026View Source ↗

Quanta Services, Inc. entered into an underwriting agreement on August 3, 2026, to issue and sell $1.5 billion in aggregate principal amount of senior notes across three tranches: $500 million of 4.850% Notes due 2029, $750 million of 5.300% Notes due 2033, and $750 million of 5.550% Notes due 2036. The notes were priced at 99.950%, 99.757%, and 99.696% of face value, respectively, with closing expected on August 6, 2026. Proceeds will be used for general corporate purposes, including repaying outstanding borrowings under its commercial paper program and senior credit facility. Quanta Services operates in the specialized infrastructure solutions industry, providing design, installation, repair, and maintenance services for energy, communications, and pipeline networks.

July 30, 2026View Source ↗

Quanta Services reported second quarter 2026 results with consolidated revenues of $9.56 billion and net income attributable to common stock of $451.4 million, or $2.96 per diluted share. Adjusted diluted EPS was $4.24, significantly exceeding prior year figures. The company completed acquisitions of Phalcon, Enerfab, Percheron, and PSD, with aggregate upfront consideration of approximately $1.24 billion. Management significantly increased full-year 2026 financial expectations, now projecting revenues between $39.3 billion and $39.7 billion and diluted EPS between $11.41 and $11.92. Additionally, the Board authorized a new $1 billion stock repurchase program and declared a quarterly cash dividend of $0.11 per share. Quanta Services operates in the specialized infrastructure solutions industry, providing design, installation, repair, and maintenance services for energy, load center, and communications infrastructure.