Fervo Energy Announces Pricing of its Upsized Initial Public Offering
Fervo Energy
May 12, 2026
Leidos has completed its previously announced approximately $2.4 billion acquisition of ENTRUST Solutions Group. The deal creates a scaled, end-to-end energy infrastructure organization focused on grid modernization and reliability improvements.
Leidos says the addition effectively doubles its energy infrastructure presence, adding more than 3,100 experienced professionals with expertise in electric grid engineering and natural gas infrastructure. The acquisition expands Leidos engineering capabilities across the power delivery spectrum and broadens its base of utility customers. Leidos also frames the transaction as support for its NorthStar 2030 energy growth pillar.
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