Quanta Services, Inc. (NYSE:PWR) Q3 Earnings Conference Call November 4, 2021 9:00 AM ET Company Participants Duke Austin – CEO Kip Rupp – Investor Relations Derrick Jensen – CFO Conference Call Participants Chad Dillard – Bernstein Alex Rygiel – B. Riley Sean Eastman – KeyBanc Neil Mehta – Goldman Sachs Jamie Cook – Credit Suisse Marc Bianchi – Cowen Noelle Dilts – Stifle Brent Thielman – D.A. Davidson Adam Thalhimer – Thompson David, Ian Macpherson – Piper Sandler Andy Kaplowitz – Citigroup Michael Dudas ...

Quanta Services Blattner Acquisition Conference Call Summary Company and Industry Overview - **Company**: Quanta Services, Inc. (NYSE:PWR) - **Acquisition Target**: Blattner Holding Company - **Industry**: Renewable Energy Infrastructure Solutions Key Points and Arguments 1. **Acquisition Announcement**: Quanta Services announced its intention to acquire Blattner Holding Company, a leading utility-scale renewable solution provider in North America, to enhance its position in the renewable energy market [9][10]. 2. **Strategic Fit**: Blattner's focus on safety, operational excellence, and established customer relationships aligns with Quanta's strategic goals, positioning the combined entity to facilitate North America's energy transition to a carbon-neutral economy [10][11]. 3. **Market Growth**: The acquisition is expected to place Quanta at the forefront of significant long-term growth in the renewable energy market, driven by increasing electrification trends and supportive public policies [10][13]. 4. **Financial Impact**: The transaction is anticipated to be immediately accretive to Quanta's earnings, growth, margin, and free cash flow, with Blattner expected to contribute approximately $2.4 billion in revenue for 2020 [10][20]. 5. **Revenue and EBITDA Projections**: For 2021, Blattner is expected to generate revenues between $2.5 billion and $2.7 billion, with adjusted EBITDA between $250 million and $290 million [25][26]. 6. **Long-term Growth Expectations**: Quanta expects Blattner to deliver double-digit revenue and EBITDA growth over the long term, enhancing Quanta's ability to achieve double-digit earnings per share growth [26][27]. 7. **Cultural Alignment**: Both companies share a similar entrepreneurial mindset and focus on safety, quality, and customer service, which is expected to facilitate a smooth integration process [11][28]. 8. **Operational Excellence**: Blattner's operational capabilities, including self-performing most of its work, help manage risk and ensure quality, which is crucial for maintaining customer trust and satisfaction [12][16]. 9. **Market Position**: Blattner has installed over 62 gigawatts of renewable energy capacity across more than 400 projects, demonstrating its strong market presence and operational capabilities [14][15]. 10. **Backlog and Revenue Streams**: Blattner's backlog is characterized by long-term relationships with clients, providing visibility into future revenue streams and reducing execution risk [31][57]. Additional Important Insights 1. **Financial Structure of the Deal**: The acquisition involves upfront consideration of approximately $2.7 billion, consisting of $2.36 billion in cash and 3.3 million shares of Quanta common stock valued at approximately $340 million [20][21]. 2. **Regulatory Approval**: The transaction is expected to close in the fourth quarter of 2021, pending regulatory approvals [21]. 3. **Customer Concentration**: Blattner's revenue is somewhat concentrated, with 10 to 12 customers representing the majority of its revenue, but it maintains strong repeat business relationships [72]. 4. **Market Dynamics**: The renewable energy market is shifting, with expectations of increased demand for solar and energy storage solutions, although there are risks related to supply chain disruptions [24][40]. 5. **Learning Curve in New Markets**: Blattner is recognized as a leader in the renewable energy space, particularly in solar and wind, and is expected to leverage its expertise in energy storage as the market evolves [81]. This summary encapsulates the critical aspects of the Quanta Services Blattner Acquisition Conference Call, highlighting the strategic rationale, financial implications, and market dynamics surrounding the acquisition.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021. or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number: 001-13831 Quanta Services, Inc. (Exact name of registrant as specified in its charter) Delaware 74-2851603 (State or other jurisd ...

Second Quarter 2021 Earnings Call Presentation August 5, 2021 QUANTA Notice to Investors This presentation (and oral statements regarding the subject matter of this presentation) includes forward-looking statements intended to qualify under the "safe harbor" from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements include any statements reflecting Quanta's expectations, intentions, strategies, assumptions, plans or beliefs about future events or pe ...

Quanta Services, Inc. (NYSE:PWR) Q2 2021 Earnings Conference Call August 5, 2021 9:00 AM ET Company Participants Kip Rupp - VP, IR Earl Austin - President, CEO, COO & Director Derrick Jensen - CFO Conference Call Participants Chad Dillard - Sanford C. Bernstein & Co. Sean Eastman - KeyBanc Capital Markets Jamie Cook - Crédit Suisse Ian MacPherson - Piper Sandler & Co. Noelle Dilts - Stifel, Nicolaus & Company Steven Fisher - UBS Marc Bianchi - Cowen and Company Michael Dudas - Vertical Research Partners Ada ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021. Delaware 74-2851603 (State or other jurisdiction of incorporation or organization) 2800 Post Oak Boulevard, Suite 2600 Houston, Texas 77056 (Address of principal executive of ices, including zip code) (713) 629-7600 (Registrant's telephone number, including area code) or ☐ TRANSITI ...

First Quarter 2021 Earnings Call Presentation May 6, 2021 QUANTA Notice to Investors This presentation (and oral statements regarding the subject matter of this presentation) includes forward-looking statements intended to qualify under the "safe harbor" from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements include any statements reflecting Quanta's expectations, intentions, strategies, assumptions, plans or beliefs about future events or perfor ...

Quanta Services, Inc. (NYSE:PWR) Q1 2021 Earnings Conference Call May 6, 2021 9:00 AM ET Company Participants Kip Rupp - Vice President of Investor Relations Duke Austin - President & Chief Executive Officer Derrick Jensen - Chief Financial Officer Conference Call Participants Sean Eastman - KeyBanc Capital Markets Noelle Dilts - Stifel Michael Dudas - Vertical Research Brent Thielman - D.A. Davidson Steven Fisher - UBS Adam Thalhimer - Thompson Davis Andy Kaplowitz - Citigroup Min Cho - FBR Riley Operator ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________________ Form 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-13831 Quanta Services, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorpor ...

Quanta Services, Inc. (NYSE:PWR) Q4 2020 Earnings Conference Call February 25, 2021 9:00 AM ET Company Participants Kip Rupp - VP, IR Duke Austin - President, CEO, and COO Derrick Jensen - CFO Conference Call Participants Noelle Dilts - Stifel Nicolaus Sean Eastman - KeyBanc Capital Markets Andy Kaplowitz - Citigroup Alex Rygiel - B. Riley FBR Capital Markets Steve Fisher - UBS Jamie Cook - Crédit Suisse Michael Dudas - Vertical Research Adam Thalhimer - Thompson Davis Chad Dillard - AllianceBernstein Brent ...