PWR

Quanta Services Inc

research_scan theme='energy-grid'; value_chain_position='picks-and-shovels'; Transmission and distribution EPC — the actual physical labour that converts capacity-market signals and PPA agreements into steel-in-the-ground interconnects. MISO large-load tariff framework and PA PUC data-center ratemaking docket (September 2026) both funnel through Layer-4 EPC execution; skilled-labour scarcity (electrician cohort) is the unmodelled risk.