Quanta Services to Acquire Blattner Holding Company

(KNSI) — A Houston, Texas-based contracting services company has entered into a definitive agreement to acquire Blattner Holding Company.

Blatter, based in Avon, is one of the largest and leading utility-scale renewable energy infrastructure solutions providers in North America. Blattner Company is the number two solar installation group in the nation, installing enough solar panels in 2020 to produce 1,358 megawatts of power or enough to power 420,000 homes. In April, the company reached a milestone of producing 50,000 megawatts from renewable energy sources like solar and wind. Communications director Christine Huston says the path to generating this much energy from renewables has been in the works since 1997.

Scott Blattner, President of Blattner Holding Company, said, “Our industry is on the cusp of significant evolution and this is an opportunity to add the additional scale and resources needed for our organization to continue leading and delivering certainty to our renewable energy customers. Blattner was looking for a strategic partner with the resources and capabilities that will provide us the opportunity to strengthen our market position, take advantage of next-generation opportunities emerging in the renewable energy market and continue to contribute to the long-term success of our employees and customers. To that end, we believe Quanta is the ideal partner for Blattner.”

Duke Austin, Quanta’s President and Chief Executive Officer, commented, “We are excited to announce our intention to acquire Blattner, and we look forward to welcoming their employees to the Quanta family of companies. Both Blattner and Quanta are rooted in entrepreneurial, family-operated businesses that are focused on safety and care deeply about their employees. We believe what Quanta is to the electric power solutions industry, Blattner is to the utility-scale renewable energy solutions industry. Together, we will be focused on what we believe are the most attractive areas of the electric infrastructure complex. Blattner will bring an exceptional management team that we believe will enhance our ability to collaborate with our customers to shape North America’s energy transition to a carbon-neutral economy.

Blattner’s existing management team will remain in place, with Scott Blattner continuing in his leadership role as President. Blattner employs roughly 375 workers.

Minneapolis/St. Paul Business Journal named Blattner one of Minnesota’s best places to work for 2021.

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