Montauk Climate Launches with $8.5M to Build Technology Companies Focused on Climate, Infrastructure, and Energy Transitions
- NEW YORK--(BUSINESS WIRE)--Montauk Climate announced its launch today with $8.5M in operating capital. The round was led by Amplo Founder and Managing Partner, Sheel Tyle.
- 03/20/2024
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Crude Oil News Today: Ready to Post 3% Weekly Gain on Back of IEA Forecast
- Crude oil poised for a solid weekly gain amid increased IEA demand forecast, U.S. stockpile drop, and global tensions impacting energy markets.
- 03/15/2024
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Oil Markets: IEA Becoming More Bullish on Demand, Crystol Energy CEO Says
- "The main assumption is OPEC+ will maintain cuts, which have been extended," says Crystol Energy founder and CEO Carole Nakhle as she examines the International Energy Agency's oil forecast on Bloomberg Television.
- 03/15/2024
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Oil Supply Deficit Expected All Year on OPEC+ Cuts: IEA
- Global oil markets are facing a supply deficit throughout 2024 as OPEC+ looks set to continue output cuts in the second half of the year, according to the International Energy Agency. Toril Bosoni, head of oil markets at IEA, joins “The Pulse With Francine Lacqua.
- 03/14/2024
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Natural Gas and Oil Analysis: IEA Cuts 2024 Demand to 1.22m bpd, USOIL Drops to $76
- IEA's forecast cut to 1.22m bpd dims oil demand outlook, with USOIL dipping to $76 signaling market shifts.
- 02/15/2024
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Oil Prices Rise on EIA Supply Data, IEA Demand Forecast
- We remain optimistic about near-term prices for crude and advise investors to buy stocks like OII, HLX and SUN.
- 01/19/2024
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Oil demand growth projected to slow down nearly 50% in 2024: IEA
- In a stark contrast from OPEC's forecast for 2024, the International Energy Agency has projected oil demand growth (CL=F, BZ=F) to ease to 1.2 million barrels per day in 2024, which is nearly a 50% reduction from the 2.3 million barrels per day in 2023. The IEA cites economic headwinds, geopolitical conflicts, and potential reduction in demand due to EVs.
- 01/18/2024
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IEA Expects Global Oil Demand to Slow Down
- Global oil demand growth is slowing down sharply as economic activity weakens in key countries, the International Energy Agency said as it slashed estimates for this quarter. Bloomberg's Will Kennedy wraps up the week in oil on "Bloomberg Surveillance.
- 12/15/2023
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OPEC head accuses IEA of vilifying fossil fuel industry
- OPEC Secretary General Haitham Al Ghais on Monday accused the International Energy Agency (IEA) of vilifying the oil and gas industry, in the latest clash between the groups over climate policy.
- 11/27/2023
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Oil and gas industry needs to let go of carbon capture as solution to climate change, IEA says
- The oil and gas industry faces a reckoning over its role in the clean energy transition, according to an International Energy Agency report.
- 11/23/2023
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Oil and gas investment could halve by 2030 to meet climate goal -IEA
- The current $800 billion invested annually in the global oil and gas sector could be halved by 2030 if a goal to limit global warming to 1.5 degrees Celsius is to be reached, the International Energy Agency (IEA) said in a report Thursday.
- 11/23/2023
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IEA sees surplus oil supply in 2024 even if OPEC+ extends current cuts
- The global oil market will see a slight surplus of supply in 2024 even if the OPEC+ nations extend their cuts into next year, the head of the International Energy Agency's (IEA) oil markets and industry division told Reuters on Tuesday.
- 11/21/2023
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Saudi Fund for Development Signs Two Framework MoUs for Caribbean Infrastructure and Energy Projects
- RIYADH, Saudi Arabia--(BUSINESS WIRE)--Saudi Fund for Development Signs Two Framework MoUs for Caribbean Infrastructure and Energy Projects.
- 11/16/2023
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Oil markets could shift into surplus in early 2024 as demand growth slows and non-OPEC+ producers lead supply growth, IEA says
- Global oil markets could shift to a surplus in early 2024, as demand growth cools, the IEA said. This year has seen record supply from non-OPEC+ countries like US and Brazil.
- 11/14/2023
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Vinci: An Undervalued Infrastructure And Energy Champion
- Vinci is the world's largest transport infrastructure owner & operator and independent energy contractor. We find the valuation appealing and are drawn by the upcoming earnings growth combined with the potential for higher capital returns. At a conservative multiple, Vinci offers an 18% upside, and we recommend building a long position on Vinci shares.
- 07/24/2023
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Don't Miss this Decade-Long Growth Story
- The IEA's case for investing in minerals/metals
- 07/13/2023
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One Energy Trade for Everyone
- Conflicting reports about oil demand in the coming decades
- 06/28/2023
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Best-Performing Stocks of the Top ETF of Q3
- ALPS Clean Energy ETF (ACES) topped the list of the best-performing U.S. equity ETFs in Q3, gaining about 11%. The rally was driven by the Inflation Reduction Act, which focuses on making the climate greener.
- 09/29/2022
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Infrastructure and Energy Alternatives Announces Participation at Upcoming Investor Conferences
- INDIANAPOLIS, June 02, 2022 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (Nasdaq: IEA) (“IEA” or the “Company”), a leading infrastructure company with renewable energy and specialty civil expertise, today announced that members of its executive management team will attend the following upcoming investor conferences:
- 06/02/2022
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Infrastructure and Energy Alternatives to Attend H.C. Wainwright Global Investment Conference
- INDIANAPOLIS, May 19, 2022 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (Nasdaq: IEA) (“IEA” or the “Company”), a leading infrastructure company with renewable energy and specialty civil expertise, today announced that members of its executive management team will attend the H.C. Wainwright Global Investment Conference on Wednesday, May 25, 2022.
- 05/19/2022
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Infrastructure and Energy Alternatives, Inc. (IEA) CEO JP Roehm on Q1 2022 Results - Earnings Call Transcript
- Infrastructure and Energy Alternatives, Inc. (NASDAQ:IEA ) Q1 2022 Earnings Conference Call May 10, 2022 11:00 AM ET Company Participants Aaron Reddington - Vice President, Investor Relations JP Roehm - President and Chief Executive Officer Peter Moerbeek - Executive Vice President and Chief Financial Officer Conference Call Participants Brent Thielman - D.A. Davidson Adam Thalhimer - Thompson Davis and Company Brian Russo - Sidoti & Company Noelle Dilts - Stifel Financial Corp. Operator Good morning, and welcome to Infrastructure and Energy Alternatives' First Quarter 2022 Earnings Call.
- 05/10/2022
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Last Call for the “Trade of the Decade”
- It may not be as cool as the latest greatest technology breakthrough, but don't underestimate the power of the new bull market in crude oil. The post Last Call for the “Trade of the Decade” appeared first on InvestorPlace.
- 04/27/2022
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Does Your Portfolio Need Sustainable Energy Exposure?
- A recent “net zero 2050” report by McKinsey estimates that $9.2 trillion will need to be invested across various sectors annually to limit the global temperature rise to 1.5°C by 2050 — an estimated 60% increase on current investment levels. Investors looking to add exposure to the quickly growing industry should consider the SmartETFs Sustainable Energy [.
- 03/24/2022
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Infrastructure and Energy Alternatives (IEA) Surges 5.6%: Is This an Indication of Further Gains?
- Infrastructure and Energy Alternatives (IEA) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
- 03/21/2022
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Infrastructure and Energy Alternatives Announces Participation at Upcoming Investor Conferences
- INDIANAPOLIS, March 17, 2022 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”) a leading infrastructure company with renewable energy and specialty civil expertise, today announced that members of its executive management team will attend the following upcoming investor conferences:
- 03/17/2022
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Infrastructure and Energy Alternatives, Inc. (IEA) CEO JP Roehm on Q4 2021 Results - Earnings Call Transcript
- Infrastructure and Energy Alternatives, Inc. (IEA) CEO JP Roehm on Q4 2021 Results - Earnings Call Transcript
- 03/08/2022
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The Energy Transition Is Just Getting Started
- 2021 saw continued positive momentum for the energy transition, with policy commitments and investments made to accelerate the decarbonization of the global energy sector. The industry faced tailwinds as well, including raw material cost inflation, supply chain issues, and political tensions which have slowed the pace of growth and profitability in certain subsectors.
- 02/24/2022
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Infrastructure and Energy Alternatives Announces Fourth Quarter and Full-Year 2021 Results Conference Call Date
- INDIANAPOLIS, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”) a leading infrastructure company with renewable energy and specialty civil expertise, today announced that it will issue financial results for the fourth quarter and full-year 2021 after the market close on Monday, March 7, 2022. Management will conduct a conference call on Tuesday, March 8, 2022 at 11:00 am Eastern Time to discuss the quarterly and full-year results.
- 02/22/2022
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5 Industrial Companies Insiders Are Fortifying
- According to the Insider Cluster Buys page, a Premium feature of GuruFocus, industrial companies with high insider cluster buys over the past three months include ARC Document Solutions Inc. ( ARC , Financial), Atlas Technical Consultants Inc. ( ATCX , Financial), Infrastructure and Energy Alternatives Inc. ( IEA , Financial), Griffon Corp. ( GFF , Financial) and Quest Resource Holding Corp. ( QRHC , Financial).
- 01/27/2022
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Mining, infrastructure and energy trends to watch in 2022
- The world is changing, and the technology that mines, builds and powers the globe is under the spotlight. Mining, infrastructure and energy companies are increasingly finding themselves in a new world — one that's going green and triggering innovation across the sector.
- 01/05/2022
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IEA Pockets $44M Contract To Lead Construction Of Wind Farm In California
- Infrastructure & Energy Alternatives Inc (NASDAQ: IEA) subsidiary White Construction has secured a $44 million award to construct a 60 MW utility-scale wind farm in Riverside County, California. IEA will self-perform all engineering and construction of fifteen wind turbines, two substations and meteorological evaluation towers (METs), and an underground electrical collector system.
- 12/16/2021
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Silicon Ranch Picks IEA To Construct 50 MW Regenerative Solar Facility In Kentucky
- Infrastructure And Energy Alternatives Inc (NASDAQ: IEA) has secured a 50-megawatt solar contract to construct the Turkey Creek Solar Ranch in Garrard County, Kentucky. Financial terms were not disclosed.
- 11/16/2021
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Infrastructure and Energy Alternatives, Inc. (IEA) CEO JP Roehm on Q3 2021 Results - Earnings Call Transcript
- Infrastructure and Energy Alternatives, Inc. (IEA) CEO JP Roehm on Q3 2021 Results - Earnings Call Transcript
- 11/09/2021
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Recap: Infrastructure and Energy Q3 Earnings
- Infrastructure and Energy (NASDAQ:IEA) reported its Q3 earnings results on Monday, November 8, 2021 at 04:00 PM. Here's what investors need to know about the announcement.
- 11/08/2021
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International Energy Agencies Say Major Boost to Clean Energy Policies and Projects Is Necessary
- On Wednesday, both the International Renewable Energy Agency (IREA) and the International Energy Agency (IEA) highlighted the need to drastically increase the number and scale of clean energy projects and policies to help alleviate price hikes and volatility within the energy sector. The Climate Summit convenes every five years, with countries pledging greater emissions curbing [.
- 10/29/2021
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Infrastructure and Energy Alternatives, Inc. to Report Third Quarter 2021 Financial Results
- INDIANAPOLIS, Oct. 26, 2021 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with renewable energy and specialty civil expertise, today announced that it will issue its financial results for the third quarter ended September 30, 2021 after market close on Monday, November 8th. Management will conduct a conference call on Tuesday, November 9th at 11:00 am Eastern Time to discuss the quarterly results.
- 10/26/2021
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KMF: A Discounted Opportunity For Infrastructure And Energy Exposure
- KMF: A Discounted Opportunity For Infrastructure And Energy Exposure
- 10/13/2021
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Infrastructure and Energy Alternatives, Inc. Announces Participation at the D.A. Davidson 20th Annual Diversified Industrials and Services Conference
- INDIANAPOLIS, Sept. 15, 2021 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with renewable energy and specialty civil expertise, today announced that the Company's leadership team will participate in the D.A. Davidson 20th Annual Diversified Industrials and Services Conference to be held September 22-23, 2021. JP Roehm, Chief Executive Officer, and Peter Moerbeek, Chief Financial Officer, are scheduled to present virtually on Wednesday, September 22, 2021 at 1:15 p.m. Eastern Time and will participate in virtual meetings with investors throughout the day.
- 09/15/2021
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Infrastructure and Energy Alternatives' (IEA) CEO JP Roehm on Q2 2021 Results - Earnings Call Transcript
- Infrastructure and Energy Alternatives' (IEA) CEO JP Roehm on Q2 2021 Results - Earnings Call Transcript
- 08/10/2021
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Infrastructure and Energy Alternatives, Inc. Closes Public Offering of Common Stock and Pre-Funded Warrants
- INDIANAPOLIS, Aug. 02, 2021 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (“IEA”) (NASDAQ: “IEA” or the “Company”) today announced the closing of its underwritten public offering of common stock and pre-funded warrants to purchase shares of common stock.
- 08/02/2021
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Infrastructure and Energy Alternatives, Inc. Announces Offering of Senior Notes due 2029
- INDIANAPOLIS, July 30, 2021 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (together with its subsidiaries except where the context otherwise suggests, “IEA,” “we,” “our,” “us” or the “Company”), today announced that its wholly owned subsidiary, IEA Energy Services LLC (the “Issuer”), intends to offer (the “Notes Offering”), subject to market and other customary conditions, $300.0 million aggregate principal amount of senior notes due 2029 (the “Notes”). The Notes will be guaranteed on a senior unsecured basis by IEA and certain of its domestic wholly-owned subsidiaries.
- 07/30/2021
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Infrastructure And Energy Alternatives Raises $175M Via Secondary Equity Offering And Pre-Funded Warrants
- Infrastructure and Energy Alternatives Inc (NASDAQ: IEA) priced its underwritten public offering, pre-funded warrants to purchase shares of underwritten public offering at $11.00 per share and $10.9999 per pre-funded warrant. IEA will issue 8,161,502 shares and pre-funded warrants to purchase 7,747,589 additional shares.
- 07/29/2021
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Infrastructure and Energy Alternatives, Inc. Announces Pricing of its Public Offering of $175 million of Common Stock and Pre-Funded Warrants
- INDIANAPOLIS, July 29, 2021 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), today announced the pricing of an underwritten public offering of common stock and, to certain investors in lieu thereof, pre-funded warrants to purchase shares of common stock in an underwritten public offering, at a price to the public of $11.00 per share of common stock and $10.9999 per pre-funded warrant.
- 07/29/2021
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Infrastructure and Energy Alternatives (IEA) Q2 Earnings Lag Estimates
- Infrastructure and Energy Alternatives (IEA) delivered earnings and revenue surprises of -42.86% and 15.53%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
- 07/28/2021
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Infrastructure and Energy Alternatives, Inc. Announces Proposed Public Offering of Common Stock and Pre-Funded Warrants
- INDIANAPOLIS, July 28, 2021 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), today announced that it intends to offer and sell shares of common stock and, to certain investors in lieu thereof, pre-funded warrants to purchase shares of common stock, in an underwritten public offering. As part of the proposed offering, IEA expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the aggregate number of shares of common stock and the shares of common stock underlying any pre-funded warrants that are sold in the offering, at the public offering price less the underwriting discounts and commissions. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. All of the securities in the offering are being sold by IEA.
- 07/28/2021
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Infrastructure and Energy Alternatives, Inc. Announces Transaction Agreement to Simplify Capital Structure
- INDIANAPOLIS, July 28, 2021 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), today announced that it has entered into a transaction agreement (the “Transaction Agreement”) with Ares Special Situations Fund IV, L.P. (“ASSF”) and ASOF Holdings I, L.P. (“ASOF” and, together with ASSF, the “Ares Parties”) funds managed by Ares Management LLC (“Ares”).
- 07/28/2021
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Infrastructure and Energy Alternatives, Inc. Announces Second Quarter 2021 Financial Results
- INDIANAPOLIS, July 28, 2021 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with renewable energy and specialty civil expertise, today announced its financial results for the quarter ended June 30, 2021.
- 07/28/2021
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IEA Bags Coal Ash Removal Contract by Dominion Energy
- Infrastructure & Energy Alternatives Inc (NASDAQ: IEA) has been awarded the Chesterfield Coal Ash Removal contract at the Chesterfield Power Station in Virginia by Dominion Energy Inc (NYSE: D) to IEA's subsidiary Saiia Construction, which specializes in industrial heavy civil construction for the power generation, aggregate mining, and pulp and paper sectors. The financial terms of the contract were not disclosed.
- 07/22/2021
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IEA Secures Wind Construction Contract In Colorado
- Infrastructure And Energy Alternatives Inc (NASDAQ: IEA) subsidiary IEA Constructors has been awarded the Panorama Wind Farm contract by Leeward Renewable Energy, a portfolio company of OMERS Infrastructure. The award is for the construction of the 145 megawatt utility-scale wind farm in Weld County, Colorado.
- 07/21/2021
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Infrastructure and Energy Alternatives, Inc. Awarded Wind Construction Contract in Colorado
- INDIANAPOLIS, July 21, 2021 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with renewable energy and specialty civil expertise, today announced that the Company has been awarded the Panorama Wind Farm contract. Leeward Renewable Energy, a leading renewable energy company and portfolio company of OMERS Infrastructure, awarded this project to IEA Constructors, a subsidiary of IEA that manages utility-scale renewable energy and heavy civil infrastructure projects.
- 07/21/2021
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What Midstream Investors Need To Know About ESG Risk Management
- The renewable energy transition won't happen for a long time. Midstream already is managing its long-term risks well regardless.
- 07/16/2021
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Infrastructure and Energy Alternatives, Inc. Announces Executive Management Change
- INDIANAPOLIS, June 25, 2021 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (“IEA” or the “Company”) (NASDAQ: IEA), a leading infrastructure construction company with specialized energy and heavy civil expertise, today announced the appointment of Erin J. Roth as Executive Vice President, General Counsel & Corporate Secretary, effective immediately.
- 06/25/2021
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International Energy Agency Sets Pathway to Net Zero Emissions by 2050
- Obtaining net zero emissions by 2050 without massive disruption to the global energy supply is challenging but possible, according to a new report by the International Energy Agency (IEA). The report details over 400 milestones on how to move from current energy consumption and emissions to net zero emissions in less than 30 years.
- 06/11/2021
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As Electric Vehicles Proliferate, Harness the Potential with ‘KARS'
- The International Energy Agency (IEA) recently reported that nearly 3 million new electric cars were registered in 2020–a record high. That number was up 41% compared to 2019, according to the IEA website.
- 06/09/2021
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Oil, Energy ETFs Hold Strong after IEA Report
- Oil and energy sector-related exchange traded funds stood out on Wednesday after the International Energy Agency (IEA) said demand could continue to outpace supply as vaccinations against Covid-19 will support the global economic outlook. On Wednesday, the iShares U.S. Oil Equipment & Services ETF (NYSEArca: IEZ) increased 0.6% while the broader Energy Select Sector SPDR [.
- 05/12/2021
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Infrastructure And Energy Alternatives: A Case Of Growth Vs. Profitability
- Infrastructure And Energy Alternatives: A Case Of Growth Vs. Profitability
- 05/12/2021
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Infrastructure and Energy Alternatives, Inc. (IEA) CEO JP Roehm on Q1 2021 Results - Earnings Call Transcript
- Infrastructure and Energy Alternatives, Inc. (IEA) CEO JP Roehm on Q1 2021 Results - Earnings Call Transcript
- 05/11/2021
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Infrastructure and Energy Alternatives, Inc. Announces First Quarter 2021 Financial Results and Revenue Guidance Increase
- INDIANAPOLIS, May 10, 2021 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with renewable energy and specialty civil expertise, today announced its financial results for the quarter ended March 31, 2021.
- 05/10/2021
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IEA Stock: Over 6% Increase Pre-Market Explanation
- The stock price of Infrastructure & Energy Alternatives Inc (NASDAQ: IEA) increased by over 6% pre-market. This is why it happened.
- 05/10/2021
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Infrastructure and Energy Alternatives, Inc. (IEA) CEO John Roehm on Q4 2020 Results - Earnings Call Transcript
- Infrastructure and Energy Alternatives, Inc. (IEA) CEO John Roehm on Q4 2020 Results - Earnings Call Transcript
- 03/09/2021
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Infrastructure and Energy Alternatives, Inc. Announces Fourth Quarter and Full Year 2020 Financial Results and Issues 2021 Guidance
- INDIANAPOLIS, March 08, 2021 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with renewable energy and specialty civil expertise, today announced its financial results for the fourth quarter and full year ended December 31, 2020.
- 03/08/2021
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Infrastructure and Energy Alternatives, Inc. Integrates Merit SI Team to Provide Added Value to Customers
- INDIANAPOLIS, March 05, 2021 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with renewable energy and specialty civil expertise, announced today that the solar project development and engineering services group from Merit SI, LLC, an expert sustainable energy infrastructure company, has joined IEA. The addition of Merit SI's personnel will enable the Company to enhance its benefits to commercial, industrial and utility-scale customers.
- 03/05/2021
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Infrastructure and Energy Alternatives, Inc. Awarded $70 Million Wind Construction Contract in Kansas
- INDIANAPOLIS, Ind., March 02, 2021 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with specialized energy and heavy civil expertise, today announced that the Company has been awarded the Jayhawk Wind Farm contract valued at approximately $70 million. Apex Clean Energy, which develops, constructs, and operates utility-scale wind and solar power facilities across North America, awarded this project to IEA Constructors, a subsidiary of IEA that manages utility-scale renewable energy and heavy civil infrastructure projects.
- 03/02/2021
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Infrastructure and Energy Alternatives, Inc. to Report Fourth Quarter and Full Year 2020 Financial Results
- INDIANAPOLIS, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with renewable energy and specialty civil expertise, today announced that it will issue its financial results for the fourth quarter and full year ended December 31, 2020 after market close on Monday, March 8th. Management will conduct a conference call on Tuesday, March 9th at 11:00 am Eastern Time to discuss the quarterly results.
- 02/23/2021
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Infrastructure and Energy Alternatives, Inc. Announces Closing of Common Stock Offering
- INDIANAPOLIS, Feb. 08, 2021 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA”), a leading infrastructure services company focused on renewable energy and transportation infrastructure, today announced the closing of its previously announced underwritten offering of 8,853,283 shares of common stock by Infrastructure and Energy Alternatives, LLC (the “Selling Stockholder”), an affiliate of funds managed by Oaktree Capital Management, L.P., which includes 853,283 shares of common stock following the exercise in full of the underwriters' option to purchase additional shares of common stock from the Selling Stockholder. At the public offering price of $16.75 per share, the Selling Stockholder received total gross proceeds of approximately $148.3 million, before deducting underwriting discounts and commissions.
- 02/08/2021
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Why Infrastructure and Energy Alternatives Stock Got Crushed Today
- The infrastructure construction company prices a secondary offering as a major shareholder cashes out some gains.
- 02/04/2021
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Infrastructure and Energy Alternatives, Inc. Announces Pricing of Common Stock Offering
- INDIANAPOLIS, Feb. 04, 2021 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA”), a leading infrastructure services company focused on renewable energy and transportation infrastructure, today announced the pricing of its previously announced underwritten offering of 8,000,000 shares of common stock by Infrastructure and Energy Alternatives, LLC (the “Selling Stockholder”), an affiliate of funds managed by Oaktree Capital Management, L.P., at a price to the public of $16.75 per share (before underwriting discounts and commissions). Total gross proceeds to the Selling Stockholder will be approximately $134.0 million. In addition, the Selling Stockholder has granted the underwriters a 30-day option to purchase up to an additional 853,283 shares of common stock at the public offering price, less underwriting discounts and commissions.
- 02/04/2021
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Infrastructure and Energy Alternatives, Inc. Announces Launch of Common Stock Offering
- INDIANAPOLIS, Feb. 03, 2021 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA”), a leading infrastructure services company focused on renewable energy and transportation infrastructure, today announced that it has launched an underwritten offering of common stock to be sold by Infrastructure and Energy Alternatives, LLC (the “Selling Stockholder”), an affiliate of funds managed by Oaktree Capital Management, L.P. In addition, the Selling Stockholder has granted the underwriters a 30-day option to purchase up to an additional 15% of the shares sold in the offering at the public offering price, less underwriting discounts and commissions.
- 02/03/2021
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One Renewable Energy Stock to Buy and One to Avoid
- Of these two green energy options, it's the lesser-known name that can electrify investors' returns.
- 01/29/2021
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Infrastructure and Energy Alternatives, Inc. Secures $45 Million Wind Construction Contract in Illinois
- INDIANAPOLIS, Jan. 20, 2021 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with renewable energy and specialty civil expertise, today announced that the Company has been awarded a $45 million wind construction contract for the Shady Oaks II Wind Farm in Illinois. Algonquin Power & Utilities Corp. (“Algonquin”), a growing renewable energy and regulated utility company with approximately $11 billion of total assets across North America, awarded the project to White Construction, a subsidiary of IEA that manages utility-scale renewable energy and heavy civil infrastructure projects.
- 01/20/2021
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Infrastructure and Energy Alternatives, Inc. Secures $100 Million Wind Construction Contract in Illinois
- INDIANAPOLIS, Jan. 12, 2021 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with specialized energy and heavy civil expertise, today announced that the Company has been awarded a wind construction contract valued at approximately $100 million. Apex Clean Energy, who develops, constructs, and operates utility-scale wind and solar power facilities across North America, awarded the Lincoln Land project to White Construction, a subsidiary of IEA that manages utility-scale renewable energy and heavy civil infrastructure projects.
- 01/12/2021
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Bull of the Day: Infrastructure and Energy Alternatives (IEA)
- Bull of the Day: Infrastructure and Energy Alternatives (IEA)
- 01/11/2021
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Why Blink Charging, Vulcan Materials, and Infrastructure & Energy Alternatives Stocks All Popped Today
- One of these stocks is not like the others.
- 01/06/2021
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Infrastructure and Energy Alternatives, Inc. Secures 185 MW Wind Construction Contract in Illinois
- INDIANAPOLIS, Dec. 29, 2020 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with specialized energy and heavy civil expertise, today announced that the Company has been awarded a wind construction contract for the 185 MW Glacier Sands wind farm in Mason County, Illinois. Cordelio Power, a North American based renewable power producer, awarded the project to White Construction, a subsidiary of IEA that constructs utility-scale renewable energy and heavy civil infrastructure projects.
- 12/29/2020
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5 High-Flying Stocks of the Top ETF in Q4
- Inside the top performing ETF of Q4 and its best performing stocks.
- 12/28/2020
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Infrastructure and Energy Alternatives, Inc. to be Added to the CIBC Atlas Clean Energy Index
- INDIANAPOLIS, Dec. 18, 2020 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with renewable energy and specialty civil expertise, today announced that CIBC will add the Company to the CIBC Atlas Clean Energy Index (NACEX) as part of this year's rebalance. The change will become effective following the close of business on Friday, December 18th.
- 12/18/2020
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Infrastructure and Energy Alternatives, Inc. Announces the Addition of Laurene Bielski Mahon to Board of Directors
- INDIANAPOLIS, Nov. 23, 2020 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with renewable energy and specialty civil expertise, today announced the appointment of Ms. Laurene Bielski Mahon to the Company's Board of Directors, effective immediately. Ms. Mahon has been designated a Class III director and meets the Nasdaq independence standards. She will serve as an independent director on the Audit Committee. With Ms. Mahon's appointment, IEA's Board of Directors increases to nine members.
- 11/23/2020
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Infrastructure and Energy Alternatives, Inc. Extends Service Offering to Wind Customers Through Formation of New Renewable Energy Services Group
- INDIANAPOLIS, Nov. 16, 2020 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with renewable energy and specialty civil expertise, today announced that the Company has formed a new Renewable Energy Services Group to expand on its portfolio of renewable construction services by offering technical maintenance and repair after construction. This group will serve as the next phase in the Company's relationship with wind project owners, developers and OEMs.
- 11/16/2020
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Infrastructure and Energy Alternatives, Inc. (IEA) CEO JP Roehm on Q3 2020 Results - Earnings Call Transcript
- Infrastructure and Energy Alternatives, Inc. (IEA) CEO JP Roehm on Q3 2020 Results - Earnings Call Transcript
- 11/10/2020
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Why Infrastructure and Energy Alternatives Stock Rocketed 35% in Early Trading Today
- The construction and engineering company's third-quarter earnings report looked pretty good.
- 11/10/2020
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Infrastructure and Energy Alternatives, Inc. Announces the Addition of Michael Della Rocca to Board of Directors
- INDIANAPOLIS, Nov. 09, 2020 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with renewable energy and specialty civil expertise, today announced the appointment of Mr. Michael Della Rocca to the Company's Board of Directors, effective immediately. Mr. Della Rocca has been designated a Class I director and meets the Nasdaq independence standards. He will serve as an independent director on the Bid Review Committee and Compensation Committee. Mr. Della Rocca's appointment increases the size of IEA's Board of Directors to eight members.
- 11/09/2020
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Earnings Preview: Infrastructure and Energy
- Infrastructure and Energy (NASDAQ: IEA) releases its next round of earnings this Monday, November 09. Get the latest predictions in Benzinga's essential guide to the company's Q3 earnings report.
- 11/06/2020
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UPDATE – Infrastructure and Energy Alternatives, Inc. Enters Into $550 Million Joint Venture With F.H. Paschen For the West Lake Corridor Rail Expansion in Indiana
- INDIANAPOLIS, Nov. 02, 2020 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with renewable energy and specialty civil expertise, today announced a joint venture with F.H. Paschen for the West Lake Corridor rail expansion awarded by the Northern Indiana Commuter Transportation District (NICTD) and valued at over $550 million. The contract was secured by Ragnar Benson, a subsidiary of IEA that provides heavy- and light-rail construction, and F.H. Paschen, a general contractor and construction manager with over 110 years of experience in the construction industry. Ragnar Benson owns an approximate 30 percent interest in the joint venture.
- 11/02/2020
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Infrastructure and Energy Alternatives, Inc. Enters Into $550 Million Joint Venture With F.H. Paschen For the West Lake Corridor Rail Expansion in Indiana
- INDIANAPOLIS, Nov. 02, 2020 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with renewable energy and specialty civil expertise, today announced a joint venture with F.H. Paschen for the West Lake Corridor rail expansion awarded by the Northern Indiana Commuter Transportation District (NICTD) and valued at over $550 million. The contract was secured by Ragnar Benson, a subsidiary of IEA that provides heavy- and light-rail construction, and F.H. Paschen, a general contractor and construction manager with over 110 years of experience in the construction industry.
- 11/02/2020
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8 Infrastructure Stocks to Buy Before the Election
- Election results could have a huge impact on many sectors. But infrastructure stocks might prosper no matter what happens on Tuesday.
- 11/02/2020
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Infrastructure and Energy Alternatives, Inc. to Report Third Quarter 2020 Financial Results
- INDIANAPOLIS, Oct. 27, 2020 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with renewable energy and specialty civil expertise, today announced that it will issue its financial results for the third quarter ended September 30, 2020 after market close on Monday, November 9th. Management will conduct a conference call on Tuesday, November 10th at 11:00 am Eastern Time to discuss the quarterly results.
- 10/27/2020
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‘Informed voters cannot be suppressed voters.’ Your complete guide to voting in person — early or on Election Day
- What to know about requesting provisional ballots, taking ballot selfies, and voter intimidation.
- 10/22/2020
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No timetable yet for Boeing 737 MAX's return to service in China
- No timetable yet for Boeing 737 MAX's return to service in China
- 10/22/2020
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Taiwan says Hong Kong warned of ongoing danger after South China Sea flight blocked
- Taiwan says Hong Kong warned of ongoing danger after South China Sea flight blocked
- 10/16/2020
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British pilot charged over Emiliano Sala plane crash death
- Man faces prosecution on two counts over Channel accident in which footballer died
- 10/15/2020
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Taiwan says Hong Kong warned off flight to Taiwan-controlled island
- Taiwan says Hong Kong warned off flight to Taiwan-controlled island
- 10/15/2020
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WSJ News Exclusive | Justice Department Sues Yale University Over Admissions Practices
- The suit alleges the school violated federal civil rights law by discriminating against Asian-American and white applicants in undergraduate admissions.
- 10/09/2020
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DOJ sues Yale over admissions practices for Asian-American and white applicants
- The Justice Department filed a lawsuit Thursday against Yale University, alleging the school violated federal civil-rights law by discriminating against...
- 10/08/2020
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Global Aircraft Seating Market (2020 to 2026) - Rise of Low-Cost Airlines Presents Opportunities - ResearchAndMarkets.com
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Canada forms own probe into Iran downing of Ukraine plane
- Canada is forming its own forensic examination and assessment team to examine evidence and information after Iran’s Revolutionary Guard shot down a Ukrainian jetliner in January, killing all 176 people on board
- 10/02/2020
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The Covid bonanza for private consultancies | Letters
- Letters: Readers discuss the impact of outsourcing and management consultancy on the UK’s public services
- 10/01/2020
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Global Air Traffic Management Market (2020 to 2025) - Satellite-Based ATC Presents Opportunities - ResearchAndMarkets.com
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78 new routes get nod under 4th round of Regional Connectivity Scheme UDAN
- The Civil Aviation Ministry in a release said, “Special boost is being given to connectivity in North East with routes from Guwahati to Tezu, Rupsi, Tezpur, Passighat, Misa and Shillong.
- 08/27/2020
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‘Indisputable neglect’: Dozens of severely malnourished dogs rescued from Spanish farm
- Spanish police raided a farm and rescued 41 severely malnourished dogs after receiving a complaint from an animal ...
- 08/26/2020
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Canada and victims' families press Iran for answers over downed jetliner
- Canada and victims' families press Iran for answers over downed jetliner
- 08/24/2020
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Iran retrieves data, cockpit talk from downed Ukraine plane
- An Iranian official says some data, including a portion of cockpit conversations, have been retrieved from the Ukrainian jetliner downed by Iranian forces in January
- 08/23/2020
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Iran says black boxes from downed Ukraine jet show missiles hit 25 seconds apart
- Iran says black boxes from downed Ukraine jet show missiles hit 25 seconds apart
- 08/23/2020
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STA Travel becomes latest casualty of coronavirus crisis
- Package tour firm, which employed around 500 staff in 50 high street branches in the UK, confirms it has ceased trading
- 08/21/2020
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Head to Head Review: Infrastructure and Energy Alternatives (NASDAQ:IEA) versus New Frontier Health (NASDAQ:NFH)
- New Frontier Health (NYSE:NFH) and Infrastructure and Energy Alternatives (NASDAQ:IEA) are both small-cap medical companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, earnings, dividends, profitability, risk, valuation and analyst recommendations. Risk & Volatility New Frontier Health has a beta of 0.18, suggesting […]
- 08/11/2020
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Infrastructure and Energy Alternatives, Inc. Announces Second Quarter 2020 Financial Results
- INDIANAPOLIS, Aug. 10, 2020 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with renewable energy and specialty civil expertise, today announced its financial results for the quarter ended June 30, 2020. Quarter Highlights * Revenue totaled $480.6 million, an increase of 46.5% as compared to last year’s second quarter. * Gross margin of 11.3%, an improvement of 170 basis points compared to the prior-year period. * Net income of $3.6 million, or $0.09 per diluted share, as compared to a loss of $0.61 per diluted share in the prior-year period. * Adjusted EBITDA of $39.3 million, a 90.8% improvement compared to the prior-year quarter. * Cash and cash equivalents of $59.4 million at June 30, 2020 and no long-term debt amortization payments due until 2022. * Backlog of $1.8 billion provides strong visibility. * To date, realized limited impact from COVID-19. * Increasing 2020 guidance.Management Commentary“IEA performed strongly in the second quarter of 2020, achieving year-over-year top-line revenue growth of 46.5%, gross margin of 11.3%, and bottom-line profitably of $0.09 per diluted share,” said JP Roehm, IEA’s President and Chief Executive Officer. “In Q2, we continued to focus on expense management and taking the necessary steps to preserve our cash position. These actions resulted in positive cash flow from operations for the quarter, and we expect to achieve positive cash generation in the second half of this year. As a result of our strong performance and our current backlog, we are raising our guidance for 2020.”Mr. Roehm, continued, “IEA’s business has remained resilient. Our new business pipeline is robust, and we are bidding on work that goes out to 2022. We are finding a growing number of opportunities across each of our end markets. With the extension of the continuity safe harbor provisions of the Production Tax Credit, for example, we are expecting an active environment for wind into at least 2021. We are also ramping up our solar business and have added $233 million in new solar awards this year. Our specialty civil business continues to make progress, and we expect to add over $150 million in new rail projects before the end of this year.”Mr. Roehm, concluded, “Our employees have made exceptional efforts to service our customers during these difficult times. I want to thank each and every one of our team members for ensuring that the timing, scheduling, and resource management on all our projects has remained generally consistent with what we experienced before the onset of COVID-19.”Second Quarter ResultsRevenue of $480.6 million increased 46.5%, or $152.6 million, in the second quarter of 2020, compared to the same period in 2019. For the Renewables Segment, revenue increased by $145.1 million, or 81.0%, as a result of more favorable weather conditions at job sites, the benefit from the mobilization of several wind projects at the end of 2019, and an increase in the number and value of projects during the quarter. Specialty Civil Segment revenue increased $7.5 million, or 5.0%, primarily due to higher revenue generated from the Company’s heavy civil construction projects.Gross profit of $54.2 million increased 72.6%, or $22.8 million, in the second quarter of 2020, compared to the same period in 2019. As a percentage of revenue, gross profit was 11.3% for the quarter, an increase of 170 basis points compared to 9.6% for the prior-year period. The increase in gross profit percentage and dollars is related to the increased revenue, coupled with much better weather conditions in the second quarter of 2020, and a larger number of construction projects in the quarter.Selling, general and administrative expenses of $28.1 million increased 8.5%, or $2.2 million, in the second quarter of 2020, compared to the same period in 2019. Selling, general and administrative expenses were 5.8% of revenue in the second quarter of 2020, compared to 7.9% of revenue in the same period in 2019. The increase in selling, general and administrative expenses was primarily driven by increased compensation expense supporting significantly larger operations in both of the Company's operating segments. Interest expense increased by $4.7 million in the second quarter of 2020 to total $16.2 million, compared to $11.5 million in the same period in 2019. This increase was primarily driven by dividends on the Company’s Series B Preferred Stock, which are recorded as interest expense, partially offset by the decreased borrowings under the Company’s line of credit and term loan in the second quarter of 2020.Other income (expense) decreased by $19.9 million, to an expense of $1.6 million in the second quarter of 2020 from an income of $18.3 million for the same period in 2019. This decrease was primarily the result of the impact of reducing a contingent liability by $18.8 million in the second quarter of 2019.The provision for income taxes decreased 22.5%, or $1.4 million, to an expense of $4.7 million in the second quarter of 2020, compared to an expense of $6.1 million for the same period in 2019. The effective tax rates for the periods ended June 30, 2020 and 2019 were 56.8% and 49.6%, respectively. The higher effective tax rate in the second quarter of 2020 was primarily attributable to accrued dividends for the Series B Preferred Stock, which are not deductible for federal and state income taxes.Net income was $3.6 million, or $0.09 per diluted share for the quarter, as compared to $6.2 million, or a loss of $0.61 per diluted share in the second quarter of 2019. In the second quarter of 2019, net income included the benefit of the other income $18.8 million gain, which was excluded from the numerator of the earnings per share calculation.Adjusted EBITDA was $39.3 million for the quarter, as compared to $20.6 million in the second quarter of 2019. As a percentage of revenue, Adjusted EBITDA increased to 8.2%, compared to 6.3% of revenue in the prior-year period. For a reconciliation of net income to Adjusted EBITDA, please see the appendix to this release.Balance SheetAs of June 30, 2020, the Company had $59.4 million of cash and cash equivalents and total debt of $367.2 million, which consisted of $173.3 million outstanding under its credit facility, $4.2 million of commercial equipment loans, and $189.7 million of Series B Preferred Stock. Series B Preferred Stock is mandatorily redeemable in 2025 and is categorized as long-term debt. At the end of the second quarter, the Company had $26.5 million of availability under its credit facility.BacklogBacklog as of June 30, 2020 totaled approximately $1.8 billion, a decrease from $2.0 billion at the end of the prior quarter. The sequential decrease in backlog is consistent with the Company’s traditional seasonality. IEA defines “backlog” as the amount of revenue the Company expects to realize from the uncompleted portions of existing construction contracts, including new contracts under which work has not begun and awarded contracts for which the definitive project documentation is being prepared, as well as the impact of change orders and renewal options.OutlookBased on the backlog currently booked and contracts executed as of the date of this release, the Company now believes it is in a position to raise its full-year 2020 guidance. IEA anticipates revenue in the range of $1.6 billion to $1.7 billion, and Adjusted EBITDA in the range of $110 million to $125 million. This compares to previous guidance of $1.5 billion to $1.65 billion in revenue and $105 million to $125 million in Adjusted EBITDA. For a reconciliation of Adjusted EBITDA and discussion of further adjustments for cost savings and synergies, please see the appendix to this release. Any significant worsening of the COVID-19 pandemic could affect the Company’s 2020 outlook.Conference CallIEA will hold a conference call to discuss its second quarter 2020 results tomorrow, August 11, 2020 at 11:00 a.m. Eastern Time. To join the conference call, please dial (877) 407-0784 (domestic) or (201) 689-8560 (international) and ask for Infrastructure & Energy Alternatives’ Second Quarter 2020 Conference Call. To listen via the Internet, please visit the investor section of the Company’s website at https://ir.iea.net at least 15 minutes prior to the start of the call to download and install any necessary audio software. The conference call webcast will also be archived on the Company’s website or by dialing 844-512-2921 and providing the PIN code: 13705007 for 30 days after the live call.About IEAInfrastructure and Energy Alternatives, Inc. (IEA) is a leading infrastructure construction company with renewable energy and specialty civil expertise. Headquartered in Indianapolis, Indiana, with operations throughout the country, IEA’s service offering spans the entire construction process. The Company offers a full spectrum of delivery models including full engineering, procurement, and construction, turnkey, design-build, balance of plant, and subcontracting services. IEA is one of the larger providers in the renewable energy industry and has completed more than 200 utility scale wind and solar projects across North America. In the heavy civil space, IEA offers a number of specialty services including environmental remediation, industrial maintenance, specialty transportation infrastructure and other site development for public and private projects. For more information, please visit IEA’s website at www.iea.net or follow IEA on Facebook, LinkedIn and Twitter for the latest company news and events.
- 08/10/2020
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Infrastructure and Energy Alternatives, Inc. Awarded $77 Million Solar Contract in Texas
- INDIANAPOLIS, Aug. 05, 2020 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with renewable energy and specialty civil expertise, today announced that the Company has begun construction on a solar farm in Texas. The $77 million engineering, procurement and construction contract was awarded to IEA Constructors, a subsidiary of IEA that manages utility-scale energy and heavy civil infrastructure projects. Construction of the Texas photovoltaic farm is underway and is expected to be completed in June 2021. IEA will self-perform all of the civil, mechanical and electrical work at the project site. Texas has quickly become a leader in solar production. Ranked fifth in the nation for total solar capacity installed and fourth for the largest number of solar jobs, nearly $6.5 billion in solar funding has been invested into Texas to date. According to the Solar Energy Industries Association, an additional four gigawatts of solar capacity is expected to be installed in Texas over the next five years.“Home to some of the largest solar farms in the United States, Texas has become one of IEA’s focus geographic markets to continue to grow our solar backlog,” said Joe Broom, IEA’s Senior Vice President of Solar Construction Operations. “In the first two quarters of 2020, we added $233 million in new solar awards. We expect that work in the Texas region, as well as other key solar markets throughout the United States, will continue to see growth in the coming quarters. Even with the expiration of the investment tax credit, solar remains an economically competitive source of energy that some experts believe could become the most dominant renewable energy source by 2023.”Since 2010, IEA has constructed more than a gigawatt of solar farms across the United States and Canada.About IEAInfrastructure and Energy Alternatives, Inc. (IEA) is a leading infrastructure construction company with renewable energy and specialty civil expertise. Headquartered in Indianapolis, Indiana, with operations throughout the country. IEA’s service offering spans the entire construction process. The Company offers a full spectrum of delivery models including full engineering, procurement, and construction, turnkey, design-build, balance of plant, and subcontracting services. IEA is one of three Tier 1 wind energy contractors in the United States and has completed more than 200 wind and solar projects across North America. In the heavy civil space, IEA offers a number of specialty services including environmental remediation, industrial maintenance, specialty transportation infrastructure and other site development for public and private projects. For more information, please visit IEA’s website at www.iea.net or follow IEA on Facebook, LinkedIn and Twitter for the latest company news and events.Forward Looking Statements This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The use of words such as “anticipate,” “expect,” “could,” “may,” “intend,” “plan” and “believe,” among others, generally identify forward-looking statements. These forward-looking statements are based on currently available operating, financial, economic and other information, and are subject to a number of risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. A variety of factors, many of which are beyond our control, could cause actual future results or events to differ materially from those projected in the forward-looking statements in this release. For a full description of the risks and uncertainties which could cause actual results to differ from our forward-looking statements, please refer to IEA’s periodic filings with the Securities & Exchange Commission including those described as “Risk Factors” in IEA’s annual report on Form 10-K filed on March 12, 2020. IEA does not undertake any obligation to update forward-looking statements whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.Contact:Kimberly Esterkin ADDO Investor Relations iea@addoir.com 310-829-5400
- 08/05/2020
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Infrastructure and Energy Alternatives, Inc. to Report Second Quarter 2020 Financial Results
- INDIANAPOLIS, July 28, 2020 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with renewable energy and specialty civil expertise, today announced that it will issue its financial results for the second quarter ended June 30, 2020 after market close on Monday, August 10th. Management will conduct a conference call on Tuesday, August 11th at 11:00 am Eastern Time to discuss the quarterly results. To join the conference call, please dial (877) 407-0784 (domestic) or (201) 689-8560 (international) and ask for Infrastructure & Energy Alternatives’ Second Quarter 2020 Conference Call. To listen via the Internet, please visit the investor section of the Company’s website at https://ir.iea.net/ at least 15 minutes prior to the start of the call to download and install any necessary audio software. The conference call will be archived on the Company’s website as well as available for replay for 30 days post the live call by dialing (844) 512-2921 (domestic) or (412) 317-6671 (international) and providing the PIN code: 13705007.About IEAInfrastructure and Energy Alternatives, Inc. (IEA) is a leading infrastructure construction company with specialized energy and heavy civil expertise. Headquartered in Indianapolis, Indiana, with operations throughout the country. IEA’s service offering spans the entire construction process. The Company offers a full spectrum of delivery models including full engineering, procurement, and construction, turnkey, design-build, balance of plant, and subcontracting services. IEA is one of three Tier 1 wind energy contractors in the United States and has completed more than 200 wind and solar projects across North America. In the heavy civil space, IEA offers a number of specialty services including environmental remediation, industrial maintenance, specialty transportation infrastructure and other site development for public and private projects. For more information, please visit IEA’s website at www.iea.net or follow IEA on Facebook, LinkedIn and Twitter for the latest company news and events.Contacts:Peter J. MoerbeekKimberly Esterkin Chief Financial OfficerADDO Investor Relations Pete.Moerbeek@iea.netiea@addoir.com 765-828-2568310-829-5400
- 07/28/2020
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Infrastructure and Energy Alternatives (NASDAQ:IEA) Lifted to “Hold” at Zacks Investment Research
- Infrastructure and Energy Alternatives (NASDAQ:IEA) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Wednesday, Zacks.com reports. According to Zacks, “Infrastructure and Energy Alternatives is a leading infrastructure construction company with specialized energy and heavy civil expertise. Headquartered in Indianapolis, Indiana, with operations […]
- 07/15/2020
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Reviewing Infrastructure and Energy Alternatives (NASDAQ:IEA) & LF Capital Acquisition (NASDAQ:LFAC)
- Infrastructure and Energy Alternatives (NASDAQ:IEA) and LF Capital Acquisition (NASDAQ:LFAC) are both small-cap finance companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, earnings, risk, profitability, valuation, analyst recommendations and dividends. Valuation and Earnings This table compares Infrastructure and Energy Alternatives and LF […]
- 07/12/2020
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Sterling Construction (NASDAQ:STRL) Rating Increased to Hold at Zacks Investment Research
- Sterling Construction (NASDAQ:STRL) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued to investors on Tuesday, Zacks.com reports. According to Zacks, “Sterling is a leading heavy civil construction company that specializes in the building and reconstruction of transportation and water infrastructure projects in the U.S. […]
- 07/02/2020
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True North Hasn't Emerged: Health Concerns A Driver
- The healthcare variables are weighing more heavily on the economy than imagined in this stage of the outbreak. The Fed seems to be the grown up in the room rega
- 06/22/2020
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Statkraft starts operations at Moglice hydropower plant in Albania
- (Tirana/Oslo, 22 June 2020) Statkraft’s Moglice hydropower plant in Albania has started commercial operations, delivering its renewable power to the...
- 06/22/2020
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Infrastructure and Energy Alternatives, Inc. (IEA): Hedge Fund Sentiment Unchanged
- The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of March 31st, 2020. […]
- 06/11/2020
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Does Infrastructure and Energy Alternatives, Inc. (NASDAQ:IEA) Have A Volatile Share Price?
- Anyone researching Infrastructure and Energy Alternatives, Inc. (NASDAQ:IEA) might want to consider the historical...
- 05/12/2020
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Northland Power - An Oveperformer That Will Continue To Do So In All Market Conditions
- Northland Power's shares are up on the year for Canadian Dollar Investors, and flat for US Dollar Investors. Since releasing guidance that 2020 EBITDA will be i
- 05/11/2020
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Primoris Services Corp (PRIM) CEO Thomas McCormick on Q1 2020 Results - Earnings Call Transcript
- Primoris Services Corp (NASDAQ:PRIM) Q1 2020 Earnings Conference Call May 05, 2020, 10:00 ET Company Participants Kate Tholking - VP, IR Thomas McCormick - CEO,
- 05/10/2020
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Infrastructure and Energy Alternatives, Inc.'s (IEA) CEO JP Roehm on Q1 2020 Results - Earnings Call Transcript
- Infrastructure and Energy Alternatives, Inc. (NASDAQ:IEA) Q1 2020 Results Earnings Conference Call May 8, 2020, 11:00 AM ET Company Participants Kimberly Esterk
- 05/09/2020
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UPDATE -- Infrastructure and Energy Alternatives, Inc. Announces First Quarter 2020 Financial Results
- INDIANAPOLIS, May 07, 2020 -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with renewable.
- 05/07/2020
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Infrastructure and Energy Alternatives, inc. Announces First Quarter 2020 Financial Results
- INDIANAPOLIS, May 07, 2020 -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with renewable.
- 05/07/2020
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Infrastructure and Energy Alternatives, Inc. to Report First Quarter 2020 Financial Results
- INDIANAPOLIS, April 23, 2020 -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with.
- 04/23/2020
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Infrastructure And Energy Alternatives, Inc. Finalizes $65 Million Wind Construction Contract In Iowa
- The contract was secured by White Construction, a subsidiary of IEA that manages utility-scale renewable energy and heavy civil infrastructure projects. IEA recognized approximately $56 million of this contract in backlog at December 31, 2019.
- 04/16/2020
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Coronavirus Has Wiped Out A Decade Of Oil Demand Growth
- Days after OPEC and its partners inked the largest oil production cut in history, oil prices fell back below $20 per barrel as global demand destruction took center stage
- 04/16/2020
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U.S. Oil Storage To Hit Its Limit By Mid-May
- By mid-May, U.S. commercial oil storage units could be completely filled if drillers don’t scale back production amid the largest oil glut the world has ever seen
- 04/12/2020
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Automotive HVAC Market - Growth, Trends, and Forecast (2020 - 2025)
- The automotive HVAC market is expected to register a CAGR of over 6. Asia-Pacific region dominated the automotive HVAC market, followed by North America and Europe, and is expected to witness fast growth rate during the forecast period. The automotive HVAC market is mainly dominated by established
- 04/09/2020
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Automotive HVAC Industry to Witness a CAGR of More Than 6.4% During 2020-2025 - The Major Players are Delphi Automotive, Denso Corporation, Mitsubishi, and Hanon Systems
- The "Automotive HVAC Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
- 04/06/2020
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INFRASTRUCTURE AND ENERGY ALTERNATIVES, INC. BREAKS GROUND ON 25 MWSILICON RANCH SOLAR CONSTRUCTION PROJECT IN GEORGIA
- Nashville-based Silicon Ranch Corporation, one of the nation’s largest independent solar power producers, selected IEA’s subsidiary, IEA Constructors LLC, as the Engineer-Procure-Construct Contractor for the project. IEA is responsible for the design, procurement, construction, commissioning and handover
- 04/06/2020
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Automotive HVAC Market Opportunity Assessment 2020-2025 - Increasing Use of Eco-Friendly Refrigerants, High Growth Anticipated in Asia-Pacific - ResearchAndMarkets.com
- The "Automotive HVAC Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
- 04/03/2020
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The Collapse Is Far From Over
- The oil price crash continued on Tuesday morning as Saudi Arabia announced plans to boost oil exports to record levels and Trump confirmed coronavirus dangers
- 03/17/2020
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Infrastructure and Energy Alternatives, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year
- Infrastructure and Energy Alternatives, Inc. (NASDAQ:IEA) defied analyst predictions to release its full-year results...
- 03/13/2020
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Infrastructure and Energy Alternatives, Inc. Secures 20 MW Solar Construction Project Award in Indiana
- INDIANAPOLIS, March 12, 2020 -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with.
- 03/12/2020
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Infrastructure & Energy Alternatives, Inc. to Host Earnings Call
- NEW YORK, NY / ACCESSWIRE / March 11, 2020 / Infrastructure & Energy Alternatives, Inc. (NASDAQ:IEA) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on March ...
- 03/11/2020
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INFRASTRUCTURE AND ENERGY ALTERNATIVES, INC. ANNOUNCES FOURTH QUARTER AND FULL YEAR 2019 FINANCIAL RESULTS
- INDIANAPOLIS, March 10, 2020 -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with.
- 03/10/2020
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Infrastructure and Energy Alternatives (NASDAQ:IEA) vs. Bain Capital Specialty Finance (NASDAQ:BCSF) Head to Head Review
- Infrastructure and Energy Alternatives (NASDAQ:IEA) and Bain Capital Specialty Finance (NYSE:BCSF) are both small-cap finance companies, but which is the superior stock? We will compare the two businesses based on the strength of their analyst recommendations, profitability, institutional ownership, dividends, earnings, valuation and risk. Profitability This table compares Infrastructure and Energy Alternatives and Bain Capital […]
- 03/09/2020
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Infrastructure and Energy Alternatives, Inc. Announces Conclusion of Rights Offering
- Infrastructure and Energy Alternatives, Inc. (“IEA” or the “Company”) (IEA), a leading infrastructure construction company with specialized energy and heavy civil expertise, today announced the conclusion of its previously announced rights offering (the “Rights Offering”), which expired on March 2, 2020. Pursuant to the Rights Offering, the Company received subscriptions for an aggregate of 350 units, each unit consisting of one share of Series B-3 Preferred Stock and 34.375 warrants (subject to rounding at settlement) to purchase common stock at an exercise price of $0.0001, which results in proceeds to the Company of approximately $350,000.00, prior to deducting expenses and excluding any proceeds received upon exercise of any warrants.
- 03/03/2020
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UPDATE -- Infrastructure and Energy Alternatives, Inc. Secures $47 Million Construction Project With the Utah Department of Transportation
- The contract was secured by American Civil Constructors (ACC), a subsidiary of IEA that provides heavy- and light-civil infrastructure services for government and commercial clients across the country. This heavy civil contract consists of constructing roughly nine miles of new road along State Routes 7 and 9 to create a bypass around the town of St. George, Utah.
- 03/03/2020
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Infrastructure and Energy Alternatives, Inc. Secures $47 Million Construction Project With the Utah Department of Transportation
- The contract was secured by American Civil Contractors (ACC), a subsidiary of IEA that provides heavy- and light-civil infrastructure services for government and commercial clients across the country. This heavy civil contract consists of constructing roughly nine miles of new road along State Routes 7 and 9 to create a bypass around the town of St. George, Utah.
- 03/03/2020
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Infrastructure and Energy Alternatives, Inc. Announces Executive Management Changes
- Infrastructure and Energy Alternatives, Inc. (“IEA” or the “Company”) (IEA), a leading infrastructure construction company with specialized energy and heavy civil expertise, today announced that the Company’s Chief Financial Officer, Andrew Layman, has voluntarily resigned to pursue other opportunities. Mr. Layman’s departure is not based on any disagreement with the Company’s accounting principles, practices or financial statement disclosures. “On behalf of the entire executive management team and Board of Directors, I would like to thank Andy for his contributions to IEA over the past five years,” said J.P. Roehm, IEA’s Chief Executive Officer.
- 02/20/2020
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Should You Take Comfort From Insider Transactions At Infrastructure and Energy Alternatives, Inc. (NASDAQ:IEA)?
- It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...
- 01/29/2020
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Infrastructure and Energy Alternatives, Inc. Announces Key Dates and Timeline for Rights Offering
- Under the rights offering, IEA will distribute to certain non-affiliated shareholders, at no charge, one subscription right for every share of common stock owned at 5:00 p.m., Eastern Time, on January 27, 2020, the record date. Each subscription right will entitle the holder to purchase one unit, referred to as the basic subscription right, at a subscription price of $1,000.00 per unit.
- 01/17/2020
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Infrastructure and Energy Alternatives, Inc. Announces Award for Wind Construction Project With 94 Turbines in Illinois
- The award is for construction of the Blooming Grove Wind Energy Center in McLean County. The project’s planned 94 turbines will generate an estimated 250 megawatts of power that will be delivered into the Illinois electrical grid. The scope of IEA’s work includes construction of project roads, turbine foundations, and erection of turbines.
- 01/08/2020
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5 Reasons to Buy Jones Lang LaSalle (JLL) Stock Right Now
- Jones Lang LaSalle (JLL) appears to be a prudent investment pick at the moment as it continues to display robust fundamentals and improving prospects.
- 01/03/2020
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Is Infrastructure and Energy Alternatives, Inc. (IEA) Going To Burn These Hedge Funds ?
- Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips or bumps on the charts, usually don't make them change their opinion towards a company. This time it may be different. During the fourth quarter of 2018 we observed increased volatility and a 20% drop in […]
- 12/24/2019
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