Infrastructure and Energy Alternatives, Inc. (IEA): history, ownership, mission, how it works & makes money

A Brief History of Infrastructure and Energy Alternatives, Inc. (IEA)

Founding and Early Years

Infrastructure and Energy Alternatives, Inc. (IEA) was founded in 2011, positioned to serve the renewable energy sector and heavy civil construction markets. The company's focus on renewable energy infrastructure laid a foundation for its future growth and specialization in wind and solar energy projects.

Corporate Structure and Growth

IEA operates through multiple subsidiaries, including IEA Renewable Energy, IEA Construction, and IEA Utilities. As of 2022, the company reported over $1 billion in revenue, showcasing substantial growth since its inception.

Significant Projects and Milestones

IEA has completed numerous high-profile projects, including:

• Shady Oaks Wind Farm - A 200 MW project in Illinois.
• Argos Solar Project - A 100 MW solar facility in Indiana.
• Seventh Parallel Wind Project - A 150 MW development in Texas.

Financial Performance

In 2021, IEA reported revenues of approximately $1.14 billion, with a net income of around $50 million. The company’s EBITDA for the same period was approximately $90 million.

Stock Market Presence

IEA went public on the NASDAQ under the ticker symbol IEA in April 2019, raising approximately $174 million in its initial public offering (IPO). The share price at the IPO was set at $14 per share.

Workforce Expansion

As of 2022, IEA employed over 1,100 people across various regions in the United States. The workforce has grown significantly, reflecting the company's rapid expansion in the renewable energy sector.

Sustainability Initiatives

In alignment with global sustainability goals, IEA has committed to reducing carbon emissions across its projects. The company aims to increase its renewable project capacity by 50% by 2025 compared to its 2020 figures.

Financial Overview

Market Position and Future Outlook

IEA has positioned itself as a key player in the renewable energy sector in the United States, with projections indicating continuous growth in demand for sustainable energy solutions. The company aims to capture a larger market share by diversifying its portfolio and expanding its services.

A Who Owns Infrastructure and Energy Alternatives, Inc. (IEA)

Ownership Structure

As of the latest reports, Infrastructure and Energy Alternatives, Inc. (IEA) operates as a publicly traded company. The ownership is divided among various institutional investors, private equity firms, and individual shareholders. The largest shareholders include:

Major Institutional Shareholders

Key institutional shareholders that hold significant stakes in IEA include:

Executive Leadership

The leadership team significantly influences company ownership dynamics through management stock ownership plans. The current executive team includes:

Recent Financial Performance

IEA has experienced notable financial performance in recent years. The latest financial figures include:

Market Capitalization

As of the last reporting date, the market capitalization of Infrastructure and Energy Alternatives, Inc. is:

Stock Performance

The stock performance of IEA has shown fluctuations, with the latest trading price being:

Future Prospects

The future prospects and ownership changes will largely depend on ongoing investments in infrastructure and renewable energy projects. The anticipated growth areas for IEA include:

• Renewable Energy Development
• Infrastructure Expansion Initiatives
• Strategic Partnerships and Mergers

Infrastructure and Energy Alternatives, Inc. (IEA) Mission Statement

Company Overview

Infrastructure and Energy Alternatives, Inc. (IEA) is a leading construction and engineering services company that specializes in renewable energy and infrastructure projects. The company is dedicated to providing innovative solutions that address the evolving needs of the energy market.

Mission Statement

IEA's mission is to enhance the quality of life and create sustainable communities by delivering safe, high-quality, and innovative infrastructure and energy solutions. The company emphasizes a commitment to safety, excellence, and customer satisfaction.

Core Values

• Integrity: Upholding the highest standards of professionalism and ethics.
• Collaboration: Fostering teamwork and partnerships to achieve shared goals.
• Innovation: Promoting forward-thinking solutions that redefine industry standards.
• Excellence: Delivering superior service and final products.
• Sustainability: Prioritizing environmentally-friendly practices in all operations.

Strategic Objectives

IEA aims to achieve the following strategic objectives:

• Expand its footprint in the renewable energy sector.
• Enhance technological capabilities through innovation.
• Increase operational efficiency to maximize project delivery.
• Build long-term relationships with clients and stakeholders.

Financial Performance

As of the fiscal year 2022, IEA reported a revenue of approximately $1.1 billion. The following table summarizes key financial metrics over the past three years:

Market Position

IEA is a key player in the infrastructure and energy sector. The company ranked 5th in the Renewable Energy sector in the United States as per the latest industry reports.

Commitment to Safety

Safety is paramount at IEA, with over 3 million man-hours worked without a lost-time incident in 2022. Moreover, the company invests significantly in safety training and equipment.

Sustainability Initiatives

IEA is committed to sustainability, with a target to reduce carbon emissions by 25% by 2025. The company has undertaken several initiatives to promote renewable energy projects across the U.S.

Future Outlook

Looking forward, IEA aims to increase its market share in the renewable sector by planning to undertake projects valued at more than $2 billion in sustainable energy infrastructure by 2025.

How Infrastructure and Energy Alternatives, Inc. (IEA) Works

Business Model

Infrastructure and Energy Alternatives, Inc. (IEA) operates primarily in the engineering, construction, and project management sectors, focusing on renewable energy and infrastructure solutions. Key segments include:

• Renewable Energy
• Heavy Civil Construction
• Specialty Civil Services

Financial Performance

For the fiscal year 2022, IEA reported a total revenue of approximately $1.4 billion. The company posted a net income of $50 million.

Below is a financial summary for the past three years:

Project Portfolio

IEA has been involved in numerous projects across the United States, particularly in the renewable energy sector. The company’s project breakdown includes:

• Wind Power: Approx. 5,000 MW installed capacity
• Solar Power: Approx. 1,500 MW installed capacity
• Infrastructure Projects: Over $300 million in completed contracts

Market Presence

As of 2023, IEA holds a significant market share in the U.S. renewable energy landscape, estimated at approximately 10% for wind energy construction. The company has operations in over 20 states.

Workforce

IEA employs over 1,500 full-time staff, with the workforce composition being:

• Engineers: 30%
• Project Managers: 25%
• Laborers and Technicians: 45%

Sustainability Efforts

IEA emphasizes sustainability in its operations, aiming to reduce carbon emissions. In 2022, the company achieved a reduction of 15% in CO2 emissions compared to 2021 levels.

Recent Developments

In 2023, IEA secured a contract worth $200 million for a new solar park in Texas, expected to generate 500 MW of power. The project highlights IEA’s commitment to expanding its footprint in renewable energy.

Future Outlook

IEA anticipates a growth rate of approximately 8% annually over the next five years, driven by increasing demand for renewable energy solutions and infrastructure development.

How Infrastructure and Energy Alternatives, Inc. (IEA) Makes Money

Overview of Revenue Streams

Infrastructure and Energy Alternatives, Inc. (IEA) generates revenue through various segments of operations, primarily focusing on infrastructure and energy solutions. The company specializes in providing services in sectors such as renewable energy, heavy civil construction, and utility management.

Key Segments of Revenue Generation

IEA's revenue is segmented into three main categories:

• Renewable Energy
• Heavy Civil Construction
• Utility Services

Financial Performance

For the fiscal year 2022, IEA reported total revenues of approximately $1.33 billion. The breakdown of revenues by segment is as follows:

Cost Structure

In 2022, IEA's total cost of revenue was reported at $1.12 billion. The major components contributing to the cost structure include:

• Direct Labor Costs
• Materials and Supplies
• Equipment Rentals
• Subcontractor Expenses

Gross Profit

The gross profit for IEA in 2022 was approximately $210 million, resulting in a gross margin of 15.7%.

Market Position and Competitiveness

IEA's competitive positioning in the market is supported by its strategic partnerships and contracts with various governmental and private entities. The company's backlog as of Q3 2023 stood at around $1.2 billion, showcasing its pipeline of future projects.

Investment in R&D

In 2022, IEA invested approximately $8 million in research and development to enhance its capabilities in renewable energy technologies and construction methodologies.

Outlook and Growth Rate

IEA anticipates a revenue growth rate of 10% to 15% annually, with a focus on expanding its renewable energy projects, driven by increasing demand for sustainable energy solutions.

Conclusion on Financial Metrics

Overall, IEA positions itself strategically in the infrastructure and energy sectors, focusing on profitability through diversified revenue streams, efficient cost management, and continuous investment in innovation.