Quanta Services lifts annual forecasts on strong power demand

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Quanta Services lifts annual forecasts on strong power demand

(Reuters) – Quanta Services raised its annual revenue and profit forecasts on Thursday, encouraged by strong demand for its construction and engineering services from the renewable energy and electric power industries. With companies increasingly tapping into new technologies and federal and state policies pushing for an accelerated shift to clean energy, demand for electric power infrastructure has grown in the United States. Growing intern…