Laura Mayer's questions to Quanta Services Inc (PWR) leadership • Q1 2025
Question
Laura Mayer asked which stages of data center construction are seeing the most activity and requested commentary on the underground business, particularly in relation to the political environment.
Answer
President and CEO Duke Austin stated that data center activity is broad-based and occurring wherever sufficient power is available, citing numerous states. Regarding the underground business, he sees continued opportunities for large-diameter pipe and LDC work, and expects the Canadian market, which has been down, to recover and become more robust.