PWR

Quanta Services Inc

research_scan theme='energy-grid'; value_chain_position='picks-and-shovels'; Largest US transmission/distribution EPC and union-lineman roll-up; sits on the PJM interconnection-queue bureaucratic bottleneck (5-year average wait, ~14% reach-to-COD). Recurring service revenue per megawatt added; the layer that monetises queue throughput.