WSP Reports Power Infrastructure Accounts for 40 Percent of Revenue

Industry Pulse News Desk · 2026-08-11

Engineering firm WSP Global reports that power sector projects now represent up to 40 percent of total revenues following a surge in U.S. demand.

Engineering and professional services firm WSP Global Inc. reported a significant increase in its power sector business, driven by expanding energy demand across the United States. Power infrastructure now accounts for up to 40 percent of the company’s total revenue.

Chief Executive Officer Alexandre L’Heureux disclosed the financial shift during the company’s second-quarter earnings call. L'Heureux attributed the sector's expansion to heightened investments in grid modernization, renewable energy integration, and increasing power requirements from industrial clients.

The surge in power-related contracts reflects broader trends across the U.S. energy market, where utility companies and private developers are accelerating project timelines. Increased demand from data centers, manufacturing reshoring, and electrification initiatives has strained existing infrastructure, fueling the need for specialized engineering services.

The power segment's growing share represents a strategic shift in WSP's overall revenue portfolio. The firm has increasingly targeted high-growth energy sectors to diversify its operations alongside its traditional property and transportation infrastructure divisions.

WSP's earnings results underscore the broader influx of capital into the North American energy market, as federal funding programs and private investments continue to drive large-scale grid upgrades and power generation projects across the region.