Infrastructure and Energy Alternatives, Inc. (NasdaqCM:IEA) will look for acquisitions. IEA will prioritize capital allocation to optimize its return on invested capital. The Company will continue to invest in organic growth initiatives to improve scale, expand its services capabilities, and further develop industry leading technical expertise.

IEA also intends to pursue complementary, bolt-on acquisition opportunities that further strengthen the Company's position in existing high-growth, high-margin end markets, accelerate the expansion of its service capabilities to adjacent markets, and strengthens its skilled labor force.