Electrical infrastructure provider Quanta Services has entered an agreement to acquire Blattner Holding Company, one of the largest utility-scale renewable energy contractors in North America.
Founded in 1907 and headquartered in Avon, Minnesota, Blattner provides front-end engineering, procurement project management and construction services to renewable energy developers for solar, wind and energy storage projects. Blattner has completed or been awarded more than 300 wind projects (49 GW), more than 90 solar projects (12 GW) and 17 energy storage projects. The EPC ranked No. 2 on Solar Power World’s 2021 Top Solar Contractors list.
“Both Blattner and Quanta are rooted in entrepreneurial, family-operated businesses that are focused on safety and care deeply about their employees,” said Duke Austin, president and CEO, Quanta. “We believe what Quanta is to the electric power solutions industry, Blattner is to the utility-scale renewable energy solutions industry. Together, we will be focused on what we believe are the most attractive areas of the electric infrastructure complex.”
Blattner’s existing management team will remain in place, with company president Scott Blattner staying in his leadership role. Blattner will serve as a platform operating unit of Quanta.
“Our industry is on the cusp of significant evolution and this is an opportunity to add the additional scale and resources needed for our organization to continue leading and delivering certainty to our renewable energy customers,” said Scott Blattner. “Blattner was looking for a strategic partner with the resources and capabilities that will provide us the opportunity to strengthen our market position, take advantage of next-generation opportunities emerging in the renewable energy market and continue to contribute to the long-term success of our employees and customers. To that end, we believe Quanta is the ideal partner for Blattner.”
News item from Quatna Services
