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SOLV Energy Filed, US Offering, Nasdaq: MWH

Provides construction services for solar power and battery storage projects.

Industry: Industrials

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First Day Return:

Return from IPO:

Industry: Industrials

We are a leading provider of infrastructure services to the power industry, including engineering, procurement, construction, testing, commissioning, operations, maintenance and repowering. We have constructed more than 500 power plants representing 20 GWdc of generating capacity since we were founded in 2008, and we currently provide O&M services under long-term agreements to 146 operating power plants representing over 18 GWdc of generating capacity. Engineering News Record ranks us the second largest solar contractor in the United States based on 2024 revenues and the seventh largest contractor in power overall. We also believe we are a leading builder of high-voltage substations in the southwestern US. We specialize in designing, building and maintaining utility-scale solar and battery storage projects with capacities of 200 MWdc and larger and related T&D infrastructure. We built one in every nine MWs of utility-scale solar projects constructed in the US from 2014 to 2024 and were the second largest builder of battery energy storage systems in 2024 according to Solar Power World. Demand for new generation capacity and related infrastructure services is growing rapidly in the US. Our customers include project developers, independent power producers and utilities. Our new construction projects are typically executed over 12 to 18 months pursuant to one or more LNTP agreements followed by a lump sum EPC contract.
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IPO Data
IPO File Date 01/16/2026
Offer Price
Price Range n/a
Offer Shares (mm) n/a
Deal Size ($mm) $750
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date
Offer Price
Price Range n/a
Offer Shares (mm) n/a
Deal Size ($mm) $750
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Jefferies
J.P. Morgan
more
Company Data
Headquarters San Diego, CA, United States
Founded 2008
Employees at IPO 2,300
Website www.solvenergy.com

SOLV Energy (MWH) Performance