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Who Controls Luma?

Published in Energy Company Ownership 2 mins read

Luma Energy is primarily controlled by its owners, Quanta Services and ATCO.

Understanding Luma Energy's Ownership and Management

Luma Energy, officially known as LUMA Energy, LLC, is an energy transmission and distribution company. Its control structure is directly tied to its ownership, which is a joint venture between two major entities in the infrastructure and energy sectors.

The primary owners exert strategic control over the company's direction and operations. While the ownership defines the ultimate authority, the day-to-day management and operational oversight are handled by the company's executive leadership.

Below is a summary of key information regarding Luma Energy:

Aspect Detail
Primary Owners Quanta Services and ATCO
CEO & President Juan Saca
Official Website lumapr.com
Former Company Name LUMA Energy ManageCo, LLC.

Operational Leadership

While Quanta Services and ATCO hold the ultimate control through their ownership, the company's operations are managed by its dedicated leadership team. Juan Saca serves as the Chief Executive Officer and President, leading the company's efforts in managing and modernizing the electricity grid.

The partnership between Quanta Services, a leading specialized contracting services company, and ATCO, a diversified global corporation with extensive experience in utilities, reflects a strategic alliance designed to manage critical energy infrastructure.