Prevalon Energy Acquired by Nextpower | Energy M&A Deal

Nextpower has acquired Prevalon Energy, a energy services other business in the United States, for $365 million. Nextpower acquisitions expand into battery energy storage system (BESS) and intelligent controls for critical power infrastructure, leveraging Prevalon’s BESS hardware and software platform. Prevalon Energy supports utility-connected and self-powered AI data centers with inertia support, grid stabilization, contingency management, and GPU AI workload smoothing. The platform acquisition is a strategic acquisition by Nextpower, with the cash-and-stock deal expected to close in Q2 2027 subject to customary antitrust regulatory review.