What is the budget and commercial profile for the project “MYR Group Acquisition of Valley Electric and Comet Electric”?

Taiyo normalizes the budget of “MYR Group Acquisition of Valley Electric and Comet Electric” to USD 328000000.

Where can I verify the source and access all details for “MYR Group Acquisition of Valley Electric and Comet Electric”?

This Taiyo project page references Proactive financial news along with the original URL (https://www.proactiveinvestors.com/companies/news/1093078/myr-group-to-acquire-valley-electric-and-comet-electric-for-328m-1093078.html). Taiyo standardizes official data into a consistent, searchable project profile.

MYR Group Acquisition of Valley Electric and Comet Electric

Q: What is the latest status of the project “MYR Group Acquisition of Valley Electric and Comet Electric”?

The status recorded for “MYR Group Acquisition of Valley Electric and Comet Electric” is awarded.

One of 10,000+ projects Taiyo tracks in USA.

Source: Proactive financial news

Project

Awarded

MYR Group Inc. has agreed to acquire all outstanding capital stock of Valley Holdings Inc and its subsidiaries, including Valley Electric Company and Comet Electric, for approximately $328 million. This acquisition expands MYR Group's footprint in the Western US and Southern California, broadening its reach in commercial, industrial, transportation, heavy civil, marine markets, and utility infrast

Status: Closed
Sector: Power Transmission, Power Generation (CCGT), Manufacturing (Industrial), Commercial
Location: United States of America
Updated: 22 Jul 2026
Source: Proactive financial news

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Project Information

4 Q

The project “MYR Group Acquisition of Valley Electric and Comet Electric” is an infrastructure initiative in the Power Transmission sector, located in USA. Taiyo aggregates data on it from Proactive financial news.

Participants

Not available for this record.

Status

Original status	awarded
Taiyo status	Closed
Taiyo last update	2026-07-22

Contact

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Description

Description	MYR Group Inc. has agreed to acquire all outstanding capital stock of Valley Holdings Inc and its subsidiaries, including Valley Electric Company and Comet Electric, for approximately $328 million. This acquisition expands MYR Group's footprint in the Western US and Southern California, broadening its reach in commercial, industrial, transportation, heavy civil, marine markets, and utility infrastructure sectors.
Original sector	Construction
Budget

Location

Country

United States of America (USA)

Source

Source	Proactive financial news
URL

More Details

Record type	Project
Sector	Power Transmission, Power Generation (CCGT), Manufacturing (Industrial), Commercial
Article published date	2026-05-31

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MYR Group Acquisition of Valley Electric and Comet Electric

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