Prevalon Energy Acquired by Nextpower | Energy M&A Deal

Nextpower has entered the renewable energy market by acquiring Prevalon Energy, a battery energy storage business in the State of [location not disclosed], for $X. Nextpower acquisitions are focused on expanding BESS capabilities and supporting data center power needs through energy storage and grid services. Prevalon Energy provides battery-based solutions that align with Nextpower’s push into battery energy storage and AI data center infrastructure. The platform acquisition is announced as a definitive agreement, with Nextpower increasing its fiscal year 2027 outlook, and deal terms and expected close timing not disclosed.