Nextpower Closes Prevalon Deal to Expand Into Grid Storage
The acquisition gives Nextpower a direct position in utility-scale batteries as developers and data center operators push for dispatchable power alongside solar.
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Largest mergers and acquisitions by disclosed deal value.
| Acquirer | Target | Type | Value | Headline |
|---|---|---|---|---|
| CBRE Group, Inc. | Pearce Services, LLC | Acquisition | $1.2B | CBRE Group, Inc. acquires Pearce Services, LLC in $1,200.0M cash deal |
| Glenfarne Group, LLC | METLEN Energy & Metals | Acquisition | $865M | Glenfarne Group, LLC acquires METLEN Energy & Metals in $865.0M cash deal |
| Nextpower | Prevalon Energy | Acquisition | $365M | Nextpower Buys Prevalon to Push Into Storage and AI Power |
| York Space Systems | Solestial, Inc. | Acquisition | $67M | York Buys Solestial to Lock In Space Solar Supply |
| Soluna Holdings, Inc. | Briscoe Wind Farm | Acquisition | $53M | Soluna Holdings, Inc. acquires Briscoe Wind Farm in $53.0M cash and debt deal |
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| Soluna Holdings, Inc. | Spring Lane Capital's equity interest in Project Dorothy 1A | Acquisition | $16.5M | Soluna Holdings, Inc. acquires Spring Lane Capital's equity interest in Project Dorothy 1A in $16.5M cash deal |
| Otovo ASA | SunSystem Technology, LLC | Acquisition | $770,000 | Otovo Moves for SST to Deepen US Solar Service Roll-Up |
| KDC Partnership | Eagle Mountain Data Inc. | Minority Stake Acquisition | Undisclosed | KDC Partnership acquires Eagle Mountain Data Inc. |
| Energy Vault Holdings, Inc. | N/A | Acquisition | Undisclosed | Energy Vault Holdings, Inc. to acquire Unknown |
Page 1 of latest articles and deal coverage.
The acquisition gives Nextpower a direct position in utility-scale batteries as developers and data center operators push for dispatchable power alongside solar.
The deal gives Stryten broader exposure to data centers, telecom backup power and specialty motive batteries as domestic manufacturing becomes a competitive and political asset.
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The $365 million deal extends Nextpower beyond solar hardware and into battery systems, controls, and a faster-growing market tied to grid stress and AI data center demand.
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The deal gives Energy Vault an operating foothold in Japan and a faster route into one of the few developed power markets where storage economics and financing conditions still support asset ownership.
The asset purchase adds niche valuation expertise in energy and infrastructure as tax advisers race to lock in sector depth and senior talent.
The software asset deal folds automated fault detection into Stem’s PowerTrack platform as the company pushes to reduce alert fatigue and defend its position in clean energy asset management.