Quanta Services has entered into a definitive agreement to acquire Blattner Holding Company, one of the largest utility-scale renewable energy infrastructure solutions providers in North America.
Headquartered in Avon, Minn., Blattner provides front-end engineering, procurement, project management and construction services to leading renewable energy developers for wind, solar and energy storage projects. Through its geographically and technologically diverse capabilities, Blattner has completed or been awarded more than 300 wind projects (+49 gigawatts installed generating capacity), more than 90 solar projects (+12 gigawatts installed generating capacity) and 17 energy storage projects.
The consideration to be paid at closing for the transaction is $2.7 billion.
“We believe what Quanta is to the electric power solutions industry, Blattner is to the utility-scale renewable energy solutions industry,” said Duke Austin, president and CEO of Quanta. “Togethe