NEW YORK CITY—The tide is shifting in the power plant and energysector, and Skanska has its eyes on making the most of thatchange.

The project development and construction firm launched its Powerand Industrial Center of Excellence earlier this summer and plansto facilitate growth through that divison, Rich Cavallaro,president, Skanska USA Civil, tells GlobeSt.com.

“We see so many opportunities in the power and industrialsectors,” he says. “Fracking has created a lot of natural gas andthe fact that there's cheap energy is causing lots of work.”

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Rayna Katz

Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.