Clean Energy & Infrastructure PerformanceClean Energy & Infrastructure revenues underperformed due to project delays, despite improved margins in renewables, infrastructure, and industrial segments.
Market RiskThe volume of new work in various markets and with new customers carries inherent risk, which could lead to potential dislocation.
RevenueRevenue of $3.25 billion was flat year-over-year and fell short of the $3.45 billion guidance, mainly due to delays in project starts, especially in the Clean Energy sector.