September 2021

HOUSTON, Sept. 2, 2021 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that it has entered into a definitive agreement to acquire Blattner Holding Company (Blattner), one of the largest and leading utility-scale renewable energy infrastructure solutions provider in North America. Founded in 1907 and headquartered in Avon, Minnesota, Blattner provides front-end engineering, procurement, project management and construction services to leading renewable energy developers for wind, solar and energy storage projects. Through its geographically and technologically diverse capabilities, Blattner has completed or been awarded more than 300 wind projects (+49 GW installed generating capacity), more than 90 solar projects (+12 GW installed generating capacity) and 17 energy storage projects. Over the last several years, Blattner has achieved double-digit organic revenue and profit growth by leveraging its operational expertise and collaborative customer relationships. Blattner generated full-year 2020 revenues and adjusted EBITDA (a non-GAAP measure) of approximately $2.4 billion and $291 million, respectively. As described in further detail below, the consideration to be paid at closing for the transaction is approximately $2.7 billion.

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HBKers were part of a fun day of networking and golfing at the DuPage Mayors and Managers Conference Golf Outing in Woodridge, IL.

On September 11th, Downtown Glen Ellyn was the site of a Barbeque Cook-Off of 50 backyard chefs with proceeds benefitting Bridge Communities, a non-profit which provides transitional housing for homeless families.

HBK was pleased to attend and sponsor a hole at the Butterfield Golf Classic. The HBK golfers finished tied for second place in best-ball play.

HBK golfers participated in El Valor’s Annual Golf Outing at Silver Lake Country Club in Orland Park, IL. HBKers joined ComEd and Electric Conduit Construction employees, among others, for the day of golfing and networking to support the nonprofit community-based organization. A highlight of the event came during the banquet when a child who was a part of El Valor’s transitional housing program shared his experience of moving into a newly built home and how appreciative he was for donors support of the organization.
 

HBK supported the Coralville Community Food Pantry by participating in its Tee Off Against Hunger Golf Tournament. HBK not only sponsored the event, but played with our partners, MJ Electric and MidAmerican Energy.

The theme for Houston Habitat Women Build 2021 was “building strength, stability, self-reliance and shelter.” HBKers from The Woodlands office did exactly that and worked through some weather conditions to assist building two new homes during the event. Part of the group helped frame the interior of one home while the others worked to reinstall windows in the other. Volunteers enjoyed making an Impact and are ready to come back for more. 

The Bohne Foundation is dedicated to comforting the destitute, encouraging the hopeless, and aiding the neediest members of our global community. HBK was pleased to support the Bohne Foundation through its golf outing at Oak Brook Country Club. Celebrities including former Chicago White Sox Manager Ozzie Guillen attended the event.

Team HBK participated in the American Heart Association 2021 Metro Chicago Heart Walk alongside our community partners from ComEd. Walkers chose between tracking miles virtually at home or in-person at Soldier Field. With 34 teams and 624 walkers, ComEd donated $210,739 (funds raised plus corporate sponsorship) to support the fight against heart disease!
 

HBK was pleased to be a Gold Sponsor of the Chicago Commons 19th Annual Bud Blossom Golf Outing on Monday, September 20th at Shoreacres. Chicago Commons Board Member and HBK President Ron Kaminski helped provide leadership for the event which helps support the 3,000 children, families, and seniors Chicago Commons serves each day.