Quanta up on upbeat forecast after Cupertino Electric takeover
** Energy contractor Quanta Services' shares PWR.N rise 5.4% to $258.10
** Quanta completes acquisition of electrical infrastructure solutions provider Cupertino Electric(CEI)
** PWR says that deal adds to company's growth, profit and free cash flow
** For remainder of 2024, PWR sees CEI contributing revenues of $1 bln to $1.1 billion
** "Quanta estimates (for 2025) CEI will contribute revenues of $2.325 billion to $2.425 billion" - PWR
** Estimates contribution of CEI to FY 2025 adjusted per-share profit to range of 40 cents to 50 cents
** Company says merger increases its exposure to technology industry, which is "a growing market of critical infrastructure requiring comprehensive power solutions"
** Including session gains, stock had risen 19.8% YTD
Reporting by Aatreyee Dasgupta
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