NJ Construction & Quanta Services Inc.19 July 2016
1 July 2016
N.J. Construction Pty Ltd (NJC), a leading contractor in the Australian electric power infrastructure market, is pleased to announce that as of 1 July 2016, it will operate as a wholly owned subsidiary of Quanta Services, Inc. (Quanta).
The acquisition of NJC by Quanta affirms the company’s reputation, the experience of its people and the successful long-term relationships it has established with its clients. Over 20 years of serving the utility industry, NJC has grown to be the largest level one service provider in New South Wales, holds a strong position in the electric transmission construction and refurbishment market and is fast becoming the ‘go to’ contractor for the rapidly growing solar power generation market.
Joining Quanta will facilitate greater growth opportunities for NJC through strong financial support and the ability to tap into the experience, equipment and services of other Quanta companies in Australia and the United States. NJC joins Quanta’s other leading infrastructure services companies in Australia, positioning the team to provide end-to-end solutions to clients, which can be executed almost entirely in-house. This scope and scale provides clients with one point of contact, competitive pricing and enhanced risk management.
About Quanta Services Australia
Quanta Services Australia Pty Ltd (QSA), a wholly owned subsidiary of Quanta, provides specialty infrastructure services in Australia. Mirroring the structure of Quanta’s North American operations, QSA has six standalone operating companies through which work is delivered.
Serving the electric power sector, Consolidated Power Projects Australia Pty Ltd (CPP) and N.J. Construction Pty Ltd (NJC) provide end-to-end solutions in design, construction and maintenance services for electric transmission and distribution infrastructure. In the renewables space, CPP and NJC provide all electrical balance of plant services for wind and solar power generation projects.
Companies serving the oil and gas space include EPC contractor Nacap Australia Pty Ltd, which services the LNG, oil, gas and mining sectors; HDD contractor Coe Drilling Pty Ltd; Mears Integrity Pty Ltd, which provides infrastructure integrity services for the pipeline industry and Enscope Pty Ltd, which specialises in the engineering, procurement, construction and commissioning of service facilities.
Additional information can be found at: www.quantaservices.com/international/australia
About Quanta Services, Inc.
Quanta is a U.S. based, publicly traded (NYSE: PWR), Fortune 500 company and is a member of the S&P 500 stock index. Quanta is a leading specialized contracting services company, delivering infrastructure solutions for the electric power and oil and gas industries. Quanta’s comprehensive services include designing, installing, repairing and maintaining energy infrastructure. With operations throughout the United States, Canada and Australia and in select other international markets, Quanta has the manpower, resources and expertise to safely complete projects that are local, regional, national or international in scope. Quanta’s estimated revenue for 2016 is approximately US$7.7 billion. Quanta has a secured revolving credit facility of US$1.8 billion and a bonding capacity of more than US$5 billion. Additional information can be found at: www.quantaservices.com