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Blue Chip Growth

Stock Report: Pike Corp (PIKE) Report Updated: Nov 24, 2014 | Print This Page

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Company Profile

Pike Electric Corporation provides energy solutions for investor-owned, municipal, and co-operative utilities in the United States. The company’s services include siting, permitting, engineering, designing, planning, constructing, maintaining, and repairing power delivery systems, including renewable energy projects. Its planning and siting process leverages technology and the collection of environmental, cultural, land use, and scientific data to facilitate negotiations and permitting for powerlines, substations, pipelines, and renewable energy installations. The company also provides design, engineering, procurement and construction, owner engineering, project management, material procurement, multi-entity coordination, grid integration, electrical balance-of-plant, system planning, and thermal rate solutions for for individual or turnkey powerlines, substations, and renewable energy projects; and engineering and design services for wireline and wireless communication infrastructure in the communications industry. In addition, it offers overhead and underground powerline construction, up gradation, and extension services for distribution networks and transmission lines with voltages up to 345kV, energized maintenance work for voltages up to 500kV; and substation construction and service up to 500kV. Further, Pike Electric Corporation provides a total energy solution platform, including preliminary studies, planning, siting and permitting, engineering and design, construction, procurement, and grid interconnection services. Additionally, it offers storm restoration services, which include the repair or reconstruction of parts of a distribution or sub-500 kV transmission network comprising substations, power lines, utility poles, or other components damaged during snow storms, ice or wind storms, flash floods, hurricanes, tornadoes, or other natural disasters. The company was founded in 1945 and is headquartered in Mount Airy, North Carolina.

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