Prevalon Acquired by Nextpower | Energy M&A Deal

Nextpower has acquired Prevalon, an energy services other business in the US, for $77.6 million. Nextpower acquisitions focus on expanding into battery energy storage systems (BESS) and supporting AI-driven data center power needs through dispatchable grid services. Prevalon acquisition strengthens Nextpower’s capabilities in energy storage deployment and operational support for customers facing intense load fluctuations in data centers. Announced as an add on acquisition, the energy M&A deal is sized in the $50 million to $100 million range and is expected to close under standard announced terms as Nextpower builds out its energy services other platform.