Prevalon Energy Acquired by Nextpower | Energy M&A Deal

Nextpower has acquired Prevalon Energy, a battery energy storage system (BESS) business in the United States, for up to US$365 million. Nextpower acquisitions expand its utility-scale renewable energy platform by bringing in Prevalon Energy’s BESS system integration capabilities for grid-connected storage projects. Prevalon Energy supports development and deployment of utility-scale battery projects, strengthening Nextpower’s position in energy storage and renewable energy acquisition. The strategic acquisition is expected to close in Q3 2026 under a definitive agreement, with Nextpower pursuing an entry into the utility-scale BESS market through this energy M&A deal.