Company: LGN
Filing Date: 2025-08-25
Form Type: S-1/A
Source: 0001193125-25-186788
Chunk: 12

Company: Legence Corp.
Filing Date: 2025-08-25
Form: S-1/A
Chunk 12
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 institutions to seek ways to make their buildings more energy efficient to mitigate the impact of rising energy costs on their operations. According to a    
 survey of 1,282 companies conducted by the Energy Efficiency Movement in 2024, 93% of businesses are planning to implement energy efficiency upgrades in the next three years and 64% of those are focused on improving their cooling system              
 specifically. According to the World Economic Forum, businesses can reduce their energy usage by as much as 49% and generate an average return on investment of 24% by making energy efficiency upgrades, according to a working paper by the Real Estate 
 Research Institute in conjunction with Lawrence-Berkeley National Laboratory. At the same time as they are confronting higher power prices, we believe that many companies’ growth plans are being constrained by utility delays in connecting            
 their new facilities to the grid as load growth outstrips available transmission capacity. Accelerating load growth has prompted regulators, utilities and businesses to implement energy efficiency programs as a lower cost and faster alternative to   
 address load growth as compared to building new generation and transmission and distribution infrastructure.                                                                                                                                              |

| • |     | Growing need for outside expertise to help meet expanding corporate sustainability goals. According to the                                                                          
 Honeywell Environmental Sustainability Index, while more than 80% of companies have established sustainability targets or goals for 2030, fewer than half of all organizations were |

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| extremely optimistic about achieving them. We believe that businesses and institutions will increasingly seek outside expertise to ensure they are able to deliver on the sustainability                                                 
 commitments they have made to shareholders, customers and the communities where they operate. According to IDC, spending on Sustainability Services is expected to grow from $23 billion in 2024 to $35 billion in 2028 in the Americas, 
 representing an 11% compound annual growth rate.                                                                                                                                                                                         |

Our Strengths We believe the following strengths of our business position us to capitalize on continued growth in demand for engineering, consulting, installation and maintenance services; reinforce our leadership position in the markets we focus on; and distinguish us from our competitors:

| • |     | Direct beneficiary of megatrends. Real annualized private construction spending on data centers and                                                                                                                                           
 manufacturing facilities was at the highest level ever recorded, rising to $269 billion in February 2025, according to data from the U.S. Census Bureau. We believe our focus on data centers, manufacturing facilities and energy efficiency 
 upgrades positions us to benefit from increasing investment in data centers, the reshoring of manufacturing, rising