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Form 8-K · Current Report · Filed 2024-08-01

Quanta Services Announces Credit Agreement Amendment and Financial Results

On July 31, 2024, Quanta Services, Inc. announced the Thirteenth Amendment to its Fourth Amended and Restated Credit Agreement, which increased revolving commitments by $160 million and extended the maturity date to July 31, 2029. Additionally, the company released its financial results for the fiscal quarter ended June 30, 2024, and disclosed that the operational and financial commentary for the quarter will be posted on its website on August 1, 2024.

Filer
Quanta Services Inc. PWR · NYSE
Filed
Accession
0001193125-24-190572
CIK
0001050915
Signal
Medium impactIndustrials

Items reported

Item 1.01

Entry into a Material Definitive Agreement

Financial Instrument Agreement
Item 2.02

Results of Operations and Financial Condition

General Statement
Item 2.03

Creation of a Direct Financial Obligation

Credit Facility Entered
Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure
Item 9.01

Financial Statements and Exhibits

No viable tag

Market reaction

Close before filing

$265.38

Next session

-9.2%

Since filing

+151.5%

Latest close

$667.36

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from PWR reporting the same item, with the next session's move:

Exhibits (2)

About Quanta Services Inc.

Quanta Services Inc. is a leading provider of specialized contracting services, delivering comprehensive infrastructure solutions for the electric power, oil and gas industries. With a focus on the design, installation, and maintenance of critical utility networks, Quanta Services plays a vital role in ensuring the reliability and efficiency of energy systems across North America and other international markets. Its operations are particularly crucial to the modernization of the aging power grid and the expansion of renewable energy sources, making it integral to the energy transition. The company's services span electric power transmission and distribution, natural gas pipeline construction, and telecommunications infrastructure, catering to a range of clients, including utility companies, pipeline operators, and industrial companies. Quanta Services' ability to adapt to emerging technologies and regulatory changes makes it a significant player in the infrastructure sector, providing innovative and sustainable solutions that support economic development and energy security. Its diversified service offerings and experienced workforce position Quanta Services as a key facilitator in the development of resilient, future-ready energy networks.

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