Prevalon Energy Acquired by Nextpower | Energy M&A Deal

Nextpower has entered the battery energy storage and AI data center markets by acquiring Prevalon Energy, a renewable energy business in the United States. Nextpower acquires Prevalon Energy to expand capabilities in battery energy storage systems and support demand from AI data centers. Prevalon Energy operates in renewable energy, providing infrastructure and services aligned with energy M&A and platform acquisition strategies. The strategic acquisition is structured as a platform acquisition within Nextpower acquisitions and is expected to close following a definitive agreement, with Nextpower increasing its fiscal year 2027 outlook.