Quanta Services to buy construction company Blattner
Quanta Services, Inc. has entered into a definitive agreement to acquire Blattner Holding Company, an utility-scale renewable energy infrastructure solutions provider in North America. The consideration to be paid at closing for the transaction is approximately US$2.7 billion.
Founded in 1907 and headquartered in Avon, Minnesota, Blattner provides front-end engineering, procurement, project management and construction services to leading renewable energy developers for wind, solar and energy storage projects. The company has completed or been awarded more than 300 wind projects (+49 GW installed generating capacity), more than 90 solar projects (+12 GW installed generating capacity) and 17 energy storage projects.
Lazard is serving as financial advisor and Latham & Watkins, LLP is serving as legal advisor to Quanta for this transaction. J.P. Morgan Securities LLC is acting as exclusive financial advisor to Blattner.
Country updates
-
-
September 16, 2021
Peninsula Clean Energy signs 35 MW PPA with Calpine Corp for The Geysers geothermal power plant
Peninsula Clean Energy, a Community Choice Aggregation agency of San Mateo County, has signed a power purchase agreement (PPA) with the Calpine Corporation for the 35 MW of the 725 MW Geysers geo...
Read more -
September 16, 2021
Greenbacker buys 41 MW Heathlands solar project in Manistee county
Greenbacker Renewable Energy Company LLC, through a wholly-owned subsidiary, has purchased Heathlands, a 41 MW utility-scale solar project from Prism Power Partners LLC. The Heathlands solar proj...
Read more -
September 16, 2021
CSI Solar secures EPC contract for 1.4 GWh battery project in USA
CSI Solar Co., Ltd. has closed an EPC (engineering, procurement, and construction), and long-term maintenance service contract for 350 MW / 1400 MWh Crimson stand-alone battery storage project in...
Read more -
September 15, 2021
Construction financing completed for 200 MW solar PV project in USA
Invenergy has announced the completion of term and construction financing for the 200 MW Calhoun Solar PV project in the USA.
Read more -
September 15, 2021
Energy Vault enters NYSE through merger with Novus Capital Corporation II
Novus Capital Corporation II, a U.S. publicly traded special purpose acquisition company, and Energy Vault, Inc., the company creating gravity-based, grid-scale energy storage solutions with its propr...
Read more
