SOLV Energy acquires ASB Energy Services
SOLV Energy acquired ASB Energy Services to expand its high-voltage infrastructure capabilities.
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09:08:52 PM UTC
SquawkNews
SAN DIEGO, Nov. 02, 2026 (GLOBE NEWSWIRE) -- SOLV Energy, Inc. NASDAQ:MWH (“SOLV”), a leading provider of infrastructure services to the power industry, today announced it has completed the acquisition of ASB Energy Services (“ASB”), a Texas-based contractor specializing in substation foundations…
09:09:09 PM UTC
SquawkNews
SOLV Energy completed its acquisition of ASB Energy Services for approximately $45M, excluding customary closing adjustments. Consideration comprised $36M in cash and $9M in Class A common stock; no prior-period comparison was provided.Material DetailsContext by AI AnalystThis is a completed strate…
09:15:57 PM UTC
SquawkNews
SOLV Energy Acquires ASB Energy Services for About $45 Million SOLV Energy completed its acquisi
09:17:38 PM UTC
SquawkNews
SOLV Energy: Acquired ASB for Approximately $45M With Consideration Consisting of $36M in Cash and $9M in Shrs of Class A Common Stk >MWH