$PWR

Quanta Services (PWR) has appointed Ellen Rubin to its board of directors. The move comes as demand for AI-powered infrastructure grows, according to Simply Wall St.

AI data centers are driving a surge in electricity demand, projected to double by 2030, creating a power supply crunch. GE Vernova (NYSE: GEV), Constellation Energy (NASDAQ: CEG), and Quanta Services (NYSE: PWR) are positioned to benefit from rising energy demand. GE Vernova's gas turbines and power-grid equipment are in high demand, with 116 GW under contract. Constellation Energy operates the largest U.S. nuclear fleet and has secured long-term PPAs with major tech companies. Quanta Services p

Reaves W H & Co's Q2 2026 investor letter reported a 10.55% increase in its 'Reaves Long Term Value Wrap Strategy,' outperforming the MSCI USA Infrastructure Index. The strategy benefited from investments in AI infrastructure and physical infrastructure, with Quanta Services (PWR) highlighted as a top performer. PWR raised its full-year earnings guidance and reaffirmed its 2030 earnings target, closing at $619.28 per share on September 16, 2026, with a 59.97% increase over the past year.

GE Vernova (GEV) shares rose 5% after CEO Scott Strazik stated the company's backlog could reach $200B early in 2027, up from $176B in Q2. Eaton (ETN) and Quanta Services (PWR) also gained 2% as investors reacted to the broader electricity demand signal. GEV is still down 13% over the past month, indicating a relief rally rather than a sustained uptrend.

Quanta Services (PWR) expanded its board to 11 members, appointing Ellen Rubin, a tech entrepreneur, as a director. Rubin will serve on key committees and receive standard compensation. She brings expertise in AI, cloud computing, and cybersecurity, enhancing Quanta's tech and risk-management capabilities.

Quanta Services (PWR) expanded its board to 11 members, adding Ellen Rubin as a director on September 9, 2026. She was appointed to the Audit Committee and Safety, Operations and Risk Committee. Rubin will receive pro-rata annual cash retainers of $105,000 and restricted stock units valued at $131,000, vesting at the end of the service year.

QUANTA SERVICES, INC. (PWR) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Exhibit 99.1 PRESS RELEASE FOR IMMEDIATE RELEASE 26-17 Contact: Kip Rupp, CFA, IRC Sean Eastman Quanta Services, Inc. (713) 629-7600 E LLEN R UBIN J OINS Q UANTA S ERVICES B OARD OF D IRECTORS Adds Deep Technology Expertise, Executive-Level Leadership and Board Experience HOUSTON

Quanta Services (PWR) has seen improved earnings estimates and a bullish outlook from analysts following strong Q2 results. EPS estimates for 2026 and 2027 have increased, with expected revenue growth of 38.4% and 14.7% respectively. The company's average brokerage recommendation is 1.30, with a price target suggesting 29.7% upside. PWR's stock has surged 47.4% YTD, driven by infrastructure investments and acquisitions, but its premium valuation and execution risks remain concerns.

GE Vernova (GEV) fell 9% to $873.89 after GLJ Research initiated coverage with a Sell rating and $470 target, citing cyclical business concerns. Peers Eaton (ETN) and Quanta Services (PWR) also dropped 7% and 4%, respectively, as the GRID ETF declined 4%. GEV's order book, at $176 billion, has supported its valuation, but the sell note questions its multiple.

Quanta Services (PWR) trades at $616.95, with shares up 8.7% in six months. The company reports a $53.44B backlog, 25.2% YoY growth over two years, 24.4% annual EPS growth over five years, and a 7.5% free cash flow margin. The article highlights these metrics as reasons to consider investing in PWR.