Pike Electric Corp (PIKE)

Pike Corporation provides construction and engineering services for investor-owned, municipal, and cooperative electric utilities in the United States. It operates through two segments: construction and engineering. The company offers a suite of energy and communication solutions, including facility planning and siting, permitting, engineering, design, installation, maintenance, and repair of power delivery systems, such as renewables and utility-grade solar construction projects, as well as storm-related services. Its planning and siting process facilitates negotiations, licensing, and permitting for powerlines, substations, and electrical generation facilities and provides reliability and renewable generation interconnection studies. The company also provides engineering and design services, including design, engineering, procurement, and construction; owner engineering; project management; material procurement; multi-entity coordination; grid integration; balance-of-plant; training; consulting; Department of Transportation projects; and thermal rate solutions for individual or turnkey powerline, substation, and renewable energy projects. In addition, it offers engineering and design services for the communication industry's wireline and wireless communication infrastructure. Further, the company provides overhead and underground powerline construction, upgrade, inspection, and extension services for distribution networks and transmission lines with voltages up to 345 kV and offers maintenance work for voltages up to 500 kV. Additionally, it provides substation construction and services for voltages up to 500 kV; construction services for utility-scale photovoltaic solar generation facilities; and storm assessment, inspection, and restoration services. Pike Corporation was formerly known as Pike Electric Corporation and changed its name to Pike Corporation in November 2013. Pike Corporation was founded in 1945 and is headquartered in Mount Airy, North Carolina. Pike Corporation was taken private on December 22, 2014. Pike Corporation operates as a subsidiary of Pioneer Parent, Inc.