Nextpower acquires Prevalon Energy for up to $365M to enter BESS market
Nextpower agreed to acquire Prevalon Energy, a battery energy storage specialist with 6 GWh deployed globally, to expand its solar platform into BESS and AI data center power infrastructure. The company raised FY2027 revenue guidance to $4.0-4.4B from $3.8-4.1B, reflecting confidence in the accretive acquisition.
AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.
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