Infrastructure & Energy Alternatives, Inc.: insider trades · United States · SEC (Form 4)

About Infrastructure & Energy Alternatives, Inc.

Infrastructure & Energy Alternatives, Inc. (IEA) is a U.S.-based construction and engineering company focused on energy infrastructure and heavy civil works. The company traces its roots back to White Construction, which was founded in 1947. IEA took its current public-company form in March 2018, when it became publicly traded through a merger with a special purpose acquisition company. It was listed on the U.S. NASDAQ market under the ticker IEA, placing it in the small- to mid-cap universe of contractors exposed to capital spending in the power, renewable energy and infrastructure markets in the United States. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1652362/000165236220000025/a201910-k.htm?utm_source=openai)) IEA’s business model centered on engineering, procurement and construction, along with specialized construction services. The company provided design, site development, construction, installation and restoration services for infrastructure projects. Its historical core was renewable energy, especially wind and solar, but it also expanded into specialty civil businesses such as environmental remediation, industrial maintenance, specialty transportation infrastructure, rail-related work and specialty paving. This mix gave IEA a broader platform than a pure-play renewables contractor, allowing it to participate in multiple end markets tied to infrastructure renewal and energy transition. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1652362/000165236221000208/iea-20210930.htm?utm_source=openai)) From a competitive standpoint, IEA stood out for its long operating history in wind construction and its ability to execute complex, multi-site projects across the country. SEC disclosures state that the company completed more than 240 wind and solar projects in 40 states, underscoring a wide geographic footprint and meaningful experience in large-scale project delivery. In a fragmented contracting market, IEA’s strengths were execution capability, technical specialization, and the ability to serve both public and private customers across the United States. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1652362/000165236221000208/iea-20210930.htm?utm_source=openai)) Recent notable developments included debt financing activity in 2021, when a subsidiary issued $300 million of senior unsecured notes due 2029, and strategic transaction discussions in 2022, when IEA became the subject of public merger-related materials involving MasTec. For investors, that history highlights both the strategic appeal of IEA’s platform and the sensitivity of its profile to leverage, project execution and sector conditions. Overall, IEA is best viewed as a niche U.S. infrastructure contractor linked to renewable energy and specialty civil construction, with a business mix shaped by the broader industrial and energy-transition cycle. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1652362/000165236221000181/iea8k-20210817.htm?utm_source=openai))