 INDIANAPOLIS, Feb. 04, 2021 GLOBE NEWSWIRE -- Infrastructure and Energy Alternatives, Inc. NASDAQ: IEA IEA, a leading infrastructure services company focused on renewable energy and transportation infrastructure, today announced the pricing of its previously announced underwritten offering of 8,000,000 shares of common stock by Infrastructure and Energy Alternatives, LLC the Selling Stockholder, an affiliate of funds managed by Oaktree Capital Management, L.P., at a price to the public of 16.75 per share before underwriting discounts and commissions. Total gross proceeds to the Selling Stockholder will be approximately 134.0 million. In addition, the Selling Stockholder has granted the underwriters a 30-day option to purchase up to an additional 853,283 shares of common stock at the public offering price, less underwriting discounts and commissions. 