Quarterly report pursuant to Section 13 or 15(d)

Subsequent Event

Subsequent Event
6 Months Ended
Jun. 30, 2018
Subsequent Events [Abstract]  
Subsequent Event
Subsequent to June 30, 2018, Quanta acquired a 30% equity interest in a water and gas pipeline infrastructure contractor located in Australia for a subscription price of $22.2 million in cash, with an option to acquire the remaining outstanding equity of the company through 2020. A portion of the subscription price was offset by a $3.7 million deposit previously paid by Quanta to the company. Quanta’s interest in the company is represented by preference shares, which grant Quanta certain additional earnings and distribution participation rights during a designated 25-month period and preferential liquidation rights.