Table of Contents
⚠ Disclaimer: This entry may be incomplete, out of date, or inaccurate. It is AI-maintained on a best-effort basis. Do not rely on it as a sole source — verify claims independently using the sources listed below.
Summary
Quanta Services (NYSE: PWR) is a builder of electric transmission, power generation, and pipeline and industrial infrastructure. Its Q2 2026 call summary does not discuss gas pipeline work, so its role in this section is as the electrical and generation-side counterpart to MasTec, including direct work with hyperscalers and selective behind-the-meter generation projects (Nasdaq).
Key Facts
- Status: active
- Type: Public (NYSE: PWR); value-chain position: builder / contractor
- Q2 2026: revenue $9.6B; net income attributable $451M ($2.96/share); adjusted EPS $4.24; adjusted EBITDA $1.1B; backlog record $53B
- 2026 guidance (raised): revenue $39.3B–$39.7B; adjusted EBITDA $4.1B–$4.2B; adjusted EPS $16.45–$16.95; free cash flow $2B–$2.5B
- Acquisitions: Phalcon, Enerfab, Percheron, PSD; about $1.24B upfront plus up to $242M contingent
- Data centers: technology-related activity about 15-20% of the business; backlog includes data center work with limited notices to proceed
- Generation: selective on combined-cycle and some single-cycle; pursues BTM and front-of-the-meter projects when risk allocation is acceptable
What It Is / How It Works
Quanta’s data center exposure is mostly electrical (interconnection, transmission, on-site power). Backlog of $53B is not all data-center-related, and part of data center backlog is not yet released to proceed.
Notable Developments
- 2026-07-30/31: Q2 results and raised guidance. (Nasdaq)
Key People
Per Quanta’s management page (Quanta IR, fetched 2026-10-21) and Wikipedia. LinkedIn: not found for all; social accounts not searched.
- Earl C. “Duke” Austin Jr. — President and CEO (CEO since March 2016, succeeding James O’Neil). President of North Houston Pole Line, L.P. before joining Quanta in October 2009 to head the Oil and Gas (pipeline) Division; led the Electric Power and Oil and Gas Divisions May 2011 to December 2012; COO January 2013.
- Jayshree Desai — CFO (since 2022; joined 2020 as Chief Corporate Development Officer). Previously CFO of EDP Renewables North America, COO of Clean Line Energy Partners (2010 to 2018), president of ConnectGen (2018).
- BJ Ducey — President, Strategic Operations. Quanta roles since 2012; Dashiell Corporation (2006 to 2012).
- Karl Studer — President, Electric Power. Co-founded Probst Electric and Summit Line Construction (acquired by Quanta in 2013).
- Donald Wayne — EVP and General Counsel. Previously Akin Gump; U.S. Concrete; Archrock/Exterran/Universal Compression (2006 to 2017). ⚑ Overlap: Archrock lineage is gas compression, relevant to the compression supply chain in Kinder Morgan; no documented-company overlap confirmed.
People — Last Reviewed: 2026-10-21
Supply Chain Position
Contractor between utilities, developers and operators and equipment makers; see the BTM equipment vendors in Behind-the-Meter Power.
Claim Verification
Claim: Quanta builds behind-the-meter data center power
Status: Partially verified
Supporting sources: Nasdaq — pursues BTM generation selectively
Refuting / questioning sources: No named BTM project in the source
Summary: Capability stated; scale undisclosed.