Nextpower Acquires Prevalon Energy to Expand into Battery Storage and AI Data Centers
Nextpower (NXT) has agreed to acquire Prevalon Energy for up to $365 million, expanding its capabilities in battery storage and energy management solutions tailored for data centers. The acquisition is expected to broaden Nextpower's total addressable market and align with growing demand from AI infrastructure.
Tickers: $NXT
Topics: acquisition AI data centers battery storage revenue guidance