Add-on acquisition Undated · Anaheim, California Verified
SOLV Energy acquires substation company RWE
SOLV Energy is acquiring RWE, an Anaheim-based utility substation construction company, to expand into the regulated utility market and build a diversified energy and infrastructure services platform. RWE will operate as a SOLV company retaining its leadership.
““This acquisition advances SOLV’s strategy to build a diversified, scalable energy and infrastructure services platform aligned with utility investment,” said George Hershman, Chief Executive Officer of SOLV Energy.”
Entities
RWE · Target SOLV Energy · Acquirer
ElectricalOther
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