Core Insights - Primoris Services Corporation (PRIM) is benefiting from increased infrastructure investment, particularly in grid resiliency projects due to government funding for modernization and renewable integration [1][4] - The company is positioned as a key partner in power delivery and utility services, aligning its capabilities with market demand for undergrounding, grid hardening, and renewable energy integration [2][5] - Primoris is evaluating approximately $1.7 billion in data center-related work, with expected contracts by the end of 2025, which will enhance revenue visibility and market exposure [3][8] - The utility segment backlog has increased to $6.03 billion from $5.52 billion, indicating strong demand for grid and renewable projects [3][8] Competitive Position - Primoris is capitalizing on robust infrastructure demand in the U.S. power and energy markets, expanding its capabilities in renewable generation and utility-scale projects [5][7] - Compared to EMCOR Group, Primoris has a steadier growth profile tied to utility and energy infrastructure rather than cyclical commercial construction [7] - While Primoris may not match Quanta Services' scale, it competes effectively in mid-sized contracts where responsiveness and cost efficiency are prioritized [7]