Spark Lee's questions to Quanta Services Inc (PWR) leadership • Q2 2025
Question
Spark Lee from Jefferies asked if there is an opportunity to increase near-term targets by pulling forward renewable projects driven by the IRA dynamics.
Answer
President & CEO Duke Austin confirmed that LNTPs are coming in and that he sees growth in renewables for 2026, 2027, 2028, and beyond. He emphasized that as long as power demand remains high, renewables, complemented by batteries, will be a critical and affordable part of the solution for the grid and consumers. He sees continued opportunities for growth for the company for the foreseeable future.