WSP Global to Buy TRC Companies for $3.3 Billion, Building a U.S. Power & Energy Leader
December 15, 2025 — WSP Global is making one of its biggest strategic bets yet on the North American energy transition. The Montreal-based professional services firm said it has agreed to acquire U.S.-based TRC Companies in an all-cash transaction valued at US$3.3 billion (about C$4.5 billion using an exchange rate cited by the company). The deal is designed to scale WSP’s power-and-utilities business at a moment when grid investment is rising—driven by electrification, aging infrastructure, and the rapid growth of power-hungry data centers. GlobeNewswire+1 If the transaction closes as expected in Q1 2026, WSP says the combined business would become