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SOLV Energy prices $540M stock offering at $36

SOLV Energy announces a $540 million stock offering priced at $36 per share. Details on the offering and company financials.

Chloe Hall
ByChloe Hall- Senior Editor
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SOLV Energy (NASDAQ:MWH) priced a public offering of 15 million shares at $36.00 per share.

The infrastructure services provider includes 7,698,410 shares from affiliates of American Securities LLC and 7,301,590 shares from the company.

SOLV Energy will use net proceeds to purchase limited liability company interests in SOLV Energy Holdings LLC.

The offering is expected to close on June 1, 2026. Jefferies and J.P. Morgan are joint lead book-running managers.

SOLV Energy has built over 500 power plants representing more than 21 GW of capacity since 2008.

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SOLV Energy prices $540M stock offering at $36 | Bond.az