Apex Power Acquired by Nextpower | Energy M&A Deal

Nextpower has acquired Apex Power, a energy services other business in Nevada, for $80.5 million. Nextpower acquisitions expand its intelligent power generation systems for utility-scale solar power conversion, while Nextpower acquires Apex Power to add modular inverter and power electronics capabilities. Apex Power provides power conversion technology suited for solar and battery energy storage applications, including 1500V inverter readiness and configurations up to 5.2 MVA via modular skid designs. The energy M&A is an add on acquisition by a strategic buyer, supporting a U.S. manufacturing ramp expected to begin in 2027 and strengthening integration with solar trackers and electrical balance of systems. The NV acquisitions are announced and structured as a strategic acquisition to broaden Nextpower’s inverter portfolio and engineering talent.