MasTec completed the acquisition of INTREN for $420m.

MasTec, an infrastructure construction company, completed the acquisition of INTREN, an electrical distribution network services provider, for $420m. "We are very excited to add INTREN to the MasTec family and substantially expand our reach in the electric utility distribution business. We believe that changes in electrical distribution needs, led by grid modernizations and hardening, coupled with the transition towards increased electric vehicle usage, will have an enormous impact on the last mile distribution of electricity. The acquisition of INTREN represents a major expansion of MasTec' s operations at the forefront of that high-growth market," Jose Mas, MasTec President and CEO.