We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Will Jacobs' MESH Appointment Bolster Its Energy Transition Prospects?
Read MoreHide Full Article
Key Takeaways
Jacobs will support MESH consenting, regulation, stakeholder engagement and grid-connection work.
MESH is planned as a 300MW/55GWh project providing more than 190 hours of ultra-long-duration storage.
Jacobs has built CAES expertise since 2023 and has experience with the U.K. Development Consent Order process.
Jacobs Solutions Inc. (J - Free Report) is strengthening its position in the energy-transition market with its appointment by EnergyPathways plc to support the U.K.’s MESH Energy Storage Project.
The engagement expands Jacobs’ exposure to long-duration energy storage, an increasingly important component of power systems as renewable generation creates greater demand for flexibility, reliability and grid resilience.
Jacobs Takes a Key Role in the MESH Project
Jacobs will support MESH’s consenting, regulatory and Development Consent Order process, with responsibilities spanning environmental planning, technical coordination, stakeholder engagement and grid-connection support. The company will also assist EnergyPathways with its submission to Ofgem’s forthcoming Long Duration Electricity Storage Cap & Floor financial system and assess evolving legislation and planning policies to identify consenting risks and streamline delivery.
The scale and technological scope of MESH make the appointment particularly relevant to Jacobs’ energy-transition prospects. The 300MW/55GWh project, planned for the Irish Sea with onshore infrastructure connecting into Barrow-in-Furness, is expected to become one of the U.K.’s largest integrated energy-storage developments. It will use compressed air energy storage (CAES), natural gas and hydrogen storage to help balance renewable generation and provide more than 190 hours of ultra-long-duration storage. EnergyPathways targets operations by 2031, subject to required consents and financing.
The appointment also builds on Jacobs’ existing capabilities. Since 2023, the company has been developing CAES expertise through lifecycle technical assessments and cost-benefit analysis against alternative storage technologies. Its established experience with the U.K.’s Development Consent Order process on nationally significant infrastructure projects further strengthens its ability to support complex energy-transition developments.
Jacobs’ Energy & Power Momentum Supports the Opportunity
MESH also aligns with broader momentum in Jacobs’ Energy & Power business. In third-quarter fiscal 2026, Critical Infrastructure adjusted net revenues rose 9.4% year over year, led partly by Energy & Power, while management expects mid- to high-single-digit growth over the medium term. Jacobs’ backlog also climbed 27.3% to a record $28.9 billion during the quarter, supported by broad-based demand across Infrastructure & Advanced Facilities, providing solid visibility for continued growth.
Jacobs’ stock has climbed 18.5% year to date, outperforming the Zacks Building Products - Miscellaneous industry’s 0.4% gain. Beyond MESH, the company remains positioned to benefit from sustained demand across energy and power, transportation, water, advanced manufacturing and AI-related infrastructure. However, MESH is unlikely to materially impact near-term results, given regulatory and financing dependencies, while funding uncertainty, currency movements and higher leverage remain risks.
Image Source: Zacks Investment Research
J’s Zacks Rank & Key Picks
Jacobs currently carries a Zacks Rank #3 (Hold).
Some top-ranked stocks from the Construction sector are:
Everus Construction Group (ECG - Free Report) presently flaunts a Zacks Rank #1 (Strong Buy). The company delivered a trailing four-quarter earnings surprise of 57%, on average. ECG stock has jumped 40.2% year to date. You can seethe complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for ECG’s 2026 sales and EPS indicates growth of 23.4% and 32.9%, respectively, from the year-ago period’s levels.
Comfort Systems USA, Inc. (FIX - Free Report) sports a Zacks Rank #1 at present. The company delivered a trailing four-quarter earnings surprise of 34.6%, on average. FIX stock has surged 76.6% year to date.
The Zacks Consensus Estimate for Comfort Systems’ 2026 sales and EPS indicates growth of 38.3% and 60.7%, respectively, from the prior-year levels.
Quanta Services, Inc. (PWR - Free Report) flaunts a Zacks Rank #1 at present. The company delivered a trailing four-quarter earnings surprise of 17%, on average. PWR stock has climbed 51.4% year to date.
The Zacks Consensus Estimate for Quanta’s 2026 sales and EPS indicates growth of 38.4% and 52.3%, respectively, from the prior-year levels.
View the Zacks #1 Rank List
Image: Bigstock
Will Jacobs' MESH Appointment Bolster Its Energy Transition Prospects?
Key Takeaways
Jacobs Solutions Inc. (J - Free Report) is strengthening its position in the energy-transition market with its appointment by EnergyPathways plc to support the U.K.’s MESH Energy Storage Project.
The engagement expands Jacobs’ exposure to long-duration energy storage, an increasingly important component of power systems as renewable generation creates greater demand for flexibility, reliability and grid resilience.
Jacobs Takes a Key Role in the MESH Project
Jacobs will support MESH’s consenting, regulatory and Development Consent Order process, with responsibilities spanning environmental planning, technical coordination, stakeholder engagement and grid-connection support. The company will also assist EnergyPathways with its submission to Ofgem’s forthcoming Long Duration Electricity Storage Cap & Floor financial system and assess evolving legislation and planning policies to identify consenting risks and streamline delivery.
The scale and technological scope of MESH make the appointment particularly relevant to Jacobs’ energy-transition prospects. The 300MW/55GWh project, planned for the Irish Sea with onshore infrastructure connecting into Barrow-in-Furness, is expected to become one of the U.K.’s largest integrated energy-storage developments. It will use compressed air energy storage (CAES), natural gas and hydrogen storage to help balance renewable generation and provide more than 190 hours of ultra-long-duration storage. EnergyPathways targets operations by 2031, subject to required consents and financing.
The appointment also builds on Jacobs’ existing capabilities. Since 2023, the company has been developing CAES expertise through lifecycle technical assessments and cost-benefit analysis against alternative storage technologies. Its established experience with the U.K.’s Development Consent Order process on nationally significant infrastructure projects further strengthens its ability to support complex energy-transition developments.
Jacobs’ Energy & Power Momentum Supports the Opportunity
MESH also aligns with broader momentum in Jacobs’ Energy & Power business. In third-quarter fiscal 2026, Critical Infrastructure adjusted net revenues rose 9.4% year over year, led partly by Energy & Power, while management expects mid- to high-single-digit growth over the medium term. Jacobs’ backlog also climbed 27.3% to a record $28.9 billion during the quarter, supported by broad-based demand across Infrastructure & Advanced Facilities, providing solid visibility for continued growth.
Jacobs’ stock has climbed 18.5% year to date, outperforming the Zacks Building Products - Miscellaneous industry’s 0.4% gain. Beyond MESH, the company remains positioned to benefit from sustained demand across energy and power, transportation, water, advanced manufacturing and AI-related infrastructure. However, MESH is unlikely to materially impact near-term results, given regulatory and financing dependencies, while funding uncertainty, currency movements and higher leverage remain risks.
Image Source: Zacks Investment Research
J’s Zacks Rank & Key Picks
Jacobs currently carries a Zacks Rank #3 (Hold).
Some top-ranked stocks from the Construction sector are:
Everus Construction Group (ECG - Free Report) presently flaunts a Zacks Rank #1 (Strong Buy). The company delivered a trailing four-quarter earnings surprise of 57%, on average. ECG stock has jumped 40.2% year to date. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for ECG’s 2026 sales and EPS indicates growth of 23.4% and 32.9%, respectively, from the year-ago period’s levels.
Comfort Systems USA, Inc. (FIX - Free Report) sports a Zacks Rank #1 at present. The company delivered a trailing four-quarter earnings surprise of 34.6%, on average. FIX stock has surged 76.6% year to date.
The Zacks Consensus Estimate for Comfort Systems’ 2026 sales and EPS indicates growth of 38.3% and 60.7%, respectively, from the prior-year levels.
Quanta Services, Inc. (PWR - Free Report) flaunts a Zacks Rank #1 at present. The company delivered a trailing four-quarter earnings surprise of 17%, on average. PWR stock has climbed 51.4% year to date.
The Zacks Consensus Estimate for Quanta’s 2026 sales and EPS indicates growth of 38.4% and 52.3%, respectively, from the prior-year levels.