Stantec broadens U.S. business with acquisition of electrical engineering firm
Company says the deal will expand its power system design team
EDMONTON—North American engineering and construction firm Stantec has acquired VI Engineering, a 30-person power and electrical engineering firm based in Houston, Texas.
Stantec said VI focuses on engineering and design, project management, and system analysis, primarily for electric utilities and cooperatives, industrial, chemical, and petrochemical plants, and midstream oil and gas companies. The company’s most notable clients include include MidAmerican Energy, Statoil, Public Service Electric and Gas, Valero Refining, Bayer, Enterprise Products, Energy Transfer and Wind Energy Texas Transmission.
“The utility transmission and distribution marketplace is in the midst of major growth,” Stantec president and CEO, Bob Gomes, said. “VI Engineering’s strong background in the design of high-voltage electrical substations, transmission and distribution lines, and electric power systems adds to our platform to better serve our clients in these areas across the country.”
VI’s business spans much of the U.S., with several recent signature projects in New Jersey, Iowa and Texas.
“We have been searching for a mechanism to grow our presence in other markets and joining Stantec allows us to achieve this,” Matt McBurnett, principal at VI, said. “Stantec’s entrepreneurial spirit mirrors ours and its diverse portfolio provides us an opportunity to offer our clients a wider array of services with an expanded geographic reach.”
VI is joining Stantec’s well-established group of nearly 900 power engineers and specialists. The Edmonton-based company has over 15,000 employees working in 250 locations.