MYR Energy Services, Inc.

Name

MYR Energy Services, Inc.

Legal name

MYR Energy Services, Inc.

Website

https://myrenergyservices.com

Company type

Private

Founded year

2008

Operating status

Operating

Ownership category

akta.pro rank

Product category

Electrical Construction Services

NAICS

Power and Communication Line and Related Structures Construction (237130), Electric Bulk Power Transmission and Control (221121), Electrical Contractors and Other Wiring Installation Contractors (23821), Solar Electric Power Generation (221114), Wind Electric Power Generation (221115)

akta.pro primary industry

Transmission line EPC & construction (overhead) (EUADAKAA)

akta.pro secondary industries

Grid Interconnection & Collector Substation EPC (Utility-Scale Renewables) (EUAEABAK), Renewable Grid Interconnection & Collector Systems (Solar/Wind) (IMAFAHAD), Wind Power Plant EPC (Onshore/Offshore) (EUAEAAAF), Testing, Commissioning & Energization Services (HV) (EUAEABAI)

Keywords

• Electrical EPC services
• High-voltage transmission construction
• Utility-scale solar EPC
• Substation construction services
• Progressive design-build

Headquarters

HQ city

Thornton

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Infrastructure, Operations, Marketing or Sales

Revenue model

1. EPC Project Delivery: MYR Energy Services provides contractor-led engineer-procure-construct (EPC) services for complex, large-scale electrical transmission, substation, and clean energy projects. As prime contractor, the company delivers turnkey project execution from design through construction to closeout, providing single point of accountability for customers.
2. Construction Services: Traditional construct-only services for electrical construction projects, often delivered in collaboration with MYR Group subsidiaries. Revenue generated through project-based construction contracts.
3. Progressive Design-Build Services: Teams work closely with customers from earliest project stages through closeout, building trust through teamwork and honest communication, providing engineering, procurement, and construction management services.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

MYR Energy Services provides contractor-led engineer-procure-construct (EPC), progressive design-build, and construct-only services for complex, large-scale electrical transmission, substation, and clean energy projects across the United States. The company serves as prime contractor, delivering turnkey execution from early-stage planning and engineering through procurement, construction, testing, and commissioning. Core work spans 69kV to 765kV transmission lines, substations and switching stations, utility-scale solar PV, battery energy storage, and offshore wind electrical interconnection.

Product overview

MYR Energy Services, Inc. (MYRE) is a subsidiary of MYR Group Inc. that provides contractor-led EPC (engineer-procure-construct) and progressive design-build project delivery services for complex, large-scale electrical construction. The core offerings include Electric Power Infrastructure (high-voltage transmission from 69kV to 765kV and substation work), EPC & Progressive Design-Build delivery, and Utility-Scale Solar & Energy Storage. These are supported by ancillary services: Strategic Project Development (land acquisition, permitting, ROW), Project Certainty (preconstruction planning, environmental compliance, QA/QC, drones, foundation/civil work), Labor Resources (skilled workforce management), and Fleet Resources (specialized equipment). MYRE operates as a single point of accountability for customers, leveraging access to MYR Group's network of subsidiaries and centralized resources.

Differentiator

Problem solved

Functional benefit

Products and services

• Electric Power Infrastructure High-voltage electrical construction services for investor-owned utilities, transmission developers, and clean energy developers, encompassing transmission facilities (69kV to 765kV), substation installation, switching stations, gas-insulated switchgear (GIS), and interconnect stations. Targets aging infrastructure replacement and grid resiliency upgrades.
• EPC & Progressive Design-Build Project Delivery Contractor-led engineer-procure-construct (EPC) and progressive design-build delivery services for large-scale electrical transmission, substation, and clean energy projects. Provides program, project, and construction management including engineering, environmental planning, right-of-way acquisition, procurement, and construction as a single point of accountability.
• Utility-Scale Solar & Energy Storage Comprehensive clean energy construction services for utility-scale developers, including photovoltaic (PV) solar module installation, battery energy storage systems (BES), fuel cell installations, DC-coupled solar+storage integration, and renewable energy facility construction. Delivered via EPC or general contracting models.
• Strategic Project Development Early-stage project development services for clean energy and transmission clients, including land acquisition, permitting, right-of-way (ROW) acquisition, design development, and client specification alignment. Structured to optimize long-term cost of energy (LCOE) through early strategic partnership.
• Project Certainty Preconstruction planning and project execution services for utility and clean energy clients, including conceptual budgeting and estimating, constructability reviews, project controls and reporting, environmental compliance, QA/QC, drone-based site assessment, and foundation and civil construction services.
• Labor Resources Skilled workforce services for large-scale electrical construction projects, providing access to thousands of union and non-union field personnel, project leadership, heavy equipment operators, and management staff across the United States. Enables scaling of labor resources to match project requirements.
• Fleet Resources Specialized equipment and tooling services for transmission and clean energy construction, including pullers, tension machines, setting cranes, and thousands of pieces of heavy equipment. Features centralized fleet management with Zonar technology for GPS guidance, fuel monitoring, and electronic pre-shift inspections.

Quantifiable outcome

• Central East Energy Connect project completed on time and under budget, upgrading nearly 200 circuit miles of transmission along 93 corridor miles of right of way
• +3 more outcomes

Named customers12 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core and secondary.

• The L.E. Myers Co.coreStrategic or Co-development PartnerThe L.E. Myers Co. is a sister subsidiary of MYR Group and a primary collaborator on major transmission projects. MYR Energy and L.E. Myers frequently partner on large-scale electrical transmission construction projects, combining MYRE's EPC management expertise with L.E. Myers' line construction capabilities. Notable joint projects include Central East Energy Connect ($250+ million), Maine Power Reliability Program ($1.4 billion), and numerous other transmission and substation projects across the United States.
• Great Southwestern Construction, Inc.coreStrategic or Co-development PartnerGreat Southwestern Construction, Inc. is a fellow MYR Group subsidiary that has served as electrical subcontractor on MYR Energy projects. For the West Texas 345kV Reactor Support project, Great Southwestern provided engineering services, construction management, construction, and supply of major equipment including five reactors, testing and commissioning.
• Sturgeon Electric Company, Inc.secondaryStrategic or Co-development PartnerSturgeon Electric Company, Inc. is a MYR Group subsidiary that collaborated with MYR Energy on the Raptor Ridge Solar Field project in Arizona. This marked the first time the two affiliated companies teamed together, with Sturgeon's 65-person crew installing PV modules, inverter skids, and underground components while MYRE performed mechanical scope including surveying, pile driving, and tracker construction.

Scale indicators5 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• EMCOR Group: Large publicly-traded provider of electrical and mechanical construction, building, and industrial services. Overlaps with MYRE on electrical contracting for utility and industrial customers but serves a much broader commercial/industrial portfolio.
• Bechtel Corporation: Largest privately-held U.S. engineering and construction firm with power, renewables, and transmission capabilities. Overlaps with MYRE on large utility-scale and transmission EPC but operates across many adjacent industries.

Direct peers

• Burns & McDonnell: Privately-held engineer-procure-construct firm with a large Transmission & Distribution practice. Closely comparable to MYRE on high-voltage transmission line and substation EPC, particularly for investor-owned utility clients.
• Quanta Services: Largest U.S. pure-play infrastructure contractor for electric power, oil & gas, and renewable energy. Directly competes with MYRE on high-voltage transmission, substation EPC, and utility-scale solar EPC, with deeper self-perform capacity and broader geographic coverage.
• Primoris Services Corporation: Public infrastructure construction firm operating in Power, Utilities, and Clean Energy segments. Directly comparable to MYRE in T&D line construction, substation work, and utility-scale solar EPC.
• MasTec: Large publicly-traded infrastructure contractor serving the communications, clean energy, pipeline, and power delivery markets. Directly competes with MYRE on transmission, substation, and utility-scale renewables EPC, including solar and battery energy storage.
• Henkels & McCoy: Privately-held infrastructure contractor specializing in electrical transmission, distribution, and communications construction. Competes directly with MYRE on overhead and underground T&D projects across the U.S.

Emerging players

• Mortenson Construction: Large privately-held builder with a substantial wind and solar EPC practice. Competes with MYRE on utility-scale solar and wind projects but is less focused on high-voltage transmission and substation EPC.
• McCarthy Building Companies: Privately-held general contractor with a growing renewable energy EPC practice (Solar + BESS). Comparable to MYRE's clean energy segment but with limited high-voltage transmission capability.

Others

• Sargent & Lundy: Privately-held power engineering and EPC firm focused on power generation and transmission. Often partners with or competes against MYRE on substation and transmission line engineering scopes within larger EPC programs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/watch?v=ALGZiDT3VYA
• LinkedInlinkedin.com/company/myr-energy-services-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MYR Energy Services, Inc.