Duke Austin : Yes. With the Renewables segment, when we look out the IRA, certainly it’s additive to anything we’ve talked about to get your hands around it and what it actually means. I don’t think we see anything at this point that has the consequences thereof. It does give us certainty over the next 10 years within that. But as our backlog as we’re having the conversations today, it’s certainly about U.S. content, how we look at labor, all those kind of things within the IRA bill. That’s something the company has done a nice job of getting in front of and we’re proud of that. I’ll let Jayshree comment on the rest of it.
Jayshree Desai : Yes, Neil, the Renewables segment margin and revenues, basically, as we said, till a little down in the first quarter, but it will be picking up as we move throughout the year. And that’s really driven by the fact that as the industry gets more and more comfortable with where the IRA is headed as projects move forward with PPAs and financing, we should see a big pickup in the back half of the year. We have been prudent with our guidance given some of the still supply chain issues and the tariff situations that are out there. However, we’re seeing a lot more interest, a lot more movement, and it should start developing in the back half of the year and especially into 2024.
Operator: And the next question comes from the line of Justin Hauke with Robert W. Baird.
Justin Hauke : I’ve got, I guess, a question just on the guidance and the acquisitions that you did post quarter. Just the $580 million that for three deals is actually a fairly large amount for you guys when you usually do kind of more smaller bolt-on ones per quarter. So maybe you could just give a little bit of guidance around the revenue and EBITDA contribution in 2023 from that incremental M&A?
Jayshree Desai : Yes, the revenue contribution is around $600 million for those three deals. And I would just say that from an EPS contribution, they contribute around $0.15 to $0.20.
Duke Austin : As far as its three deals, and they’re all within the strategic platform that we’ve set out and a regional T&D. One addresses the front end side of the solar markets and wind, so batteries, et cetera, and the other one is the supply chain kind of contribution there. So three things that we felt like we’re right down the middle for us. We’ve always said the timing and how we deploy capital. It’s — sometimes it’s lumpy, sometimes it spreads out. So I wouldn’t read anything into it.
Operator: And the next question comes from the line of Jamie Cook with Credit Suisse.
Jamie Cook : Good morning and congrats on a nice quarter. I guess just back to the renewable margins. I think you guys talked about investing in the business, which is weighing on margins, in particular, in the first quarter. Can you help us understand like the investments that you’re making and how to think about how much that’s impacting the margin guidance for the year? So I guess that’s my first question. And my second question is, I’m sort of struck with the guidance that we’re implying for 2023, $7 your company that typically guides fairly conservatively. So trying to think about if there’s upside to the numbers in 2023 or downside to the numbers, could you just calibrate where the upside or downside could be given the good guide already?
