Nextpower to acquire energy-storage supplier Prevalon Energy for $365M

Nextpower (formerly Nextracker) announced an agreement to acquire American battery energy storage supplier Prevalon Energy for $365 million, expanding its utility-scale power platform into BESS.

“Nextpower continues its quest to become a one-stop-shop for all things utility-scale power, announcing it plans to acquire Prevalon Energy, an American energy storage supplier. Nextpower will spend $365 million on the acquisition.”

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