Nextpower Acquires Prevalon Energy for $365M to Expand into Battery Storage and AI Data Center Power Supply
Nextpower (NASDAQ:NXT) has agreed to acquire Prevalon Energy, a provider of utility-scale battery energy storage systems (BESS), in a deal valued at up to $365 million. The acquisition is expected to expand Nextpower's offerings into BESS and AI data center power supply solutions by leveraging Prevalon’s technology and team.
Tickers: $NXT
Topics: AI data centers battery storage clean energy corporate strategy