M&A / Property
Stantec wins EU sustainable energy assistance contract

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Executive Summary
- Stantec Inc. has been awarded the second phase of the European Commission's Global Technical Assistance Facility (TAF) for sustainable energy, a significant contract worth 27.7 million euros ($45.4 million).
- The assignment builds on Stantec's previous successful management of the "Sustainable Energy for All" initiative and the first phase of the global TAF, extending the firm's partnership with the EU for over 15 years.
- The contract runs until October 2028 and involves providing technical assistance, policy support, and capacity building across multiple global regions including Africa, Latin America, Asia, and the Middle East.
Key Details
- Contract Value: 27.7 million euros (approximately $45.4 million).
- Contract Duration: Until October 2028.
- Scope of Work: Technical assistance, policy and regulatory support, investment planning, and capacity building.
- Geographic Focus: Africa, Latin America and the Caribbean, Asia and the Pacific, the Middle East, and the EU's eastern neighbourhood.
- Strategic Expansion: The second phase expands scope to include enhanced support for energy sector reforms, governance, strategic partnerships, knowledge management, training, and visibility activities.
- Operational Lead: Stantec's team in Belgium will coordinate operations, leveraging a global network of specialists in energy, climate, and infrastructure development.
- Context: This award reflects the trust placed in Stantec's ability to deliver complex, multicountry energy programs and supports the EU's vision for a just and sustainable energy transition.
Notable Quotes
- "This contract is one of the largest of its kind awarded by the EU and reflects the trust placed in our team's ability to deliver complex, multicountry energy programs with agility and excellence," said Cath Schefer, chief operating officer, global, at Stantec. "We are proud to support the EU's vision for a just and sustainable energy transition, and we are committed to helping partner countries create enabling environments for investment and to deliver real impact on the ground."
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Jun 17, 2026 · 17:00