MYR Group subsidiary wins $500 million Xcel Energy contract
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MYR Group Inc. Subsidiary Awarded Design-Build Electric Distribution Master Service Agreement with Xcel Energy
July 14, 2025 4:26 PM EDTTHORNTON, Colo., July 14, 2025 (GLOBE NEWSWIRE) -- MYR Group Inc. (MYR Group) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced that an MYR Group subsidiary has executed a five-year Design-Build Electric Distribution Master Service Agreement (MSA) with Xcel Energy Inc. (Xcel Energy). The MSA includes turnkey, design-build distribution services including, permitting, right of way, public outreach, design and construction in Xcel Energys service territories across multiple states. The contract is effective... More
