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The Economic Impact of COVID-19 for Utilities

As the COVID-19 pandemic continues to upend markets around the world, our clients are facing a landscape of increasing uncertainty that will be challenging to navigate. While utilities are resilient, having experienced and weathered crises in the past, the unique and unprecedented nature of this pandemic and its consequences are creating an entirely new experience. As of March 31, the group recorded a total market capitalization of $682.87 billion – down 13 percent from the $783.97 billion reported on December 31, 2019. Deepa Poduval, Senior Managing Director and Associate Vice President for Black & Veatch Management Consulting, addresses the potential impacts of COVID-19 on our utility clients.

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