Infrastructure and Energy Alternatives, Inc. announced a new strategic alliance with LOGISTEC USA Inc. IEA intends to leverage its proven engineering, procurement, and construction ("EPC") solutions with LOGISTEC's cargo handling capabilities in support of new utility-scale offshore wind developments along the U.S. east coast. Both companies believe this non-exclusive business alliance will result in improved economies of scale and supply chain efficiencies over the long-term. IEA will utilize its logistics expertise to capitalize on the planned, multi-year investment in offshore capacity additions, leveraging LOGISTEC's experience as a leader in the handling of specialized wind components.
Infrastructure and Energy Alternatives, Inc.
Equities
IEA
US45686J1043
Construction & Engineering
1st Jan change | Capi. | |
---|---|---|
-7.26% | 65.38B | |
+2.45% | 59.8B | |
+13.50% | 35.86B | |
+12.68% | 31.07B | |
+15.45% | 30.47B | |
+19.59% | 20.23B | |
+10.04% | 19.73B | |
+67.68% | 16.98B | |
+28.16% | 16.1B |