Stantec Buys VI Engineering

(RTTNews) - Design firm Stantec Inc. (STN) said Monday that it has bought VI Engineering, a 30-person power and electrical engineering firm based in Houston, Texas.

VI focuses on engineering and design, project management, and system analysis, primarily for electric utilities and cooperatives, industrial, chemical, and petrochemical plants, and midstream oil and gas companies. Some of the company's most notable clients include MidAmerican Energy, Statoil, Public Service Electric and Gas, Valero Refining, Bayer, Enterprise Products, Energy Transfer and Wind Energy Texas Transmission.