Prevalon Energy Acquired by Nextpower | Energy M&A Deal

Nextpower has acquired Prevalon Energy, a renewable energy business in [State], for $365 million. Prevalon Energy supports energy infrastructure initiatives tied to battery energy storage systems (BESS) and power solutions for growing AI data center demand. Nextpower acquisitions aim to expand renewable energy acquisition capabilities and strengthen its position in energy M&A across storage and grid-adjacent services. The merger acquisition is announced and structured as a strategic acquisition by a strategic buyer, with deal size over $100M.