LIPA Board Considers Long-Term Contract for Managing Long Island Electric Grid
04/25/25, 3:58 AM
Location
Industry
construction
Type
contract
LIPA's board of trustees is evaluating proposals from Houston-based Quanta Services and PSEG Long Island for a long-term contract to manage the Long Island electric grid. Quanta Services received high scores from LIPA staff, while PSEG Long Island, the current contract holder, is also in contention.
Company Info
Location
houston, texas, united states
Additional Info
Quanta Services, Inc. (NYSE: PWR) is a leading specialized contracting services company, delivering comprehensive infrastructure solutions for the electric power, gas, and telecommunications industries. It provides a full range of infrastructure services, including design, installation, maintenance, and repair of electric power transmission and distribution lines, substations, renewable energy facilities, and pipeline construction. With a workforce of skilled employees, Quanta Services is committed to providing innovative solutions to its customers.
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