Acquiring Company
SOLV Energy
Acquired Company
ASB Energy Services
Description
SOLV Energy has officially completed the acquisition of ASB Energy Services for $45 million, consisting of $36 million in cash and $9 million in shares. This acquisition will enhance SOLV's energy infrastructure platform and expand its high-voltage construction capabilities. By acquiring ASB, SOLV aims to strengthen its position in the growing Texas solar energy market.
Quick answer
SOLV Energy is acquiring ASB Energy Services for $45 million, announced November 12, 2026. SOLV Energy is based in San Diego, California, United States.
- How much did SOLV Energy pay for ASB Energy Services?
- The reported deal value is $45 million.
- What does SOLV Energy do?
- SOLV Energy is a leading provider of infrastructure services to the power industry, delivering integrated solutions across the full project lifecycle, from design through long-term operation.
- Where are SOLV Energy and ASB Energy Services based?
- SOLV Energy is based in San Diego, California, United States. ASB Energy Services is based in Amarillo, Texas, United States.
- Who are the decision-makers at SOLV Energy?
- Fundz holds 4 contacts at SOLV Energy. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- Trafigura acquires stake in CVR Energy (November 3, 2026)
- Revolve to acquire Logan Energy Storage portfolio (October 30, 2026)
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Who to call at SOLV Energy, and when
When SOLV Energy changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day SOLV Energy raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at SOLV Energy, from your own LinkedIn network
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Related People
Frequently asked
Who acquired ASB Energy Services?
ASB Energy Services was acquired by SOLV Energy, based in San Diego. The deal was reported on November 12, 2026. SOLV Energy is a leading provider of infrastructure services to the power industry, delivering integrated solutions across the full project lifecycle, from design through long-term operation. SOLV Energy is publicly traded (MWH) and operates in Energy.
When did SOLV Energy acquire ASB Energy Services?
SOLV Energy's acquisition of ASB Energy Services was reported on November 12, 2026. SOLV Energy has officially completed the acquisition of ASB Energy Services for $45 million, consisting of $36 million in cash and $9 million in shares. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does ASB Energy Services do?
ASB Energy Services, founded in 2007, is a Texas-based contractor that specializes in substation foundations, civil construction, and battery storage system infrastructure. It is privately held, operating in Energy, and is based in Amarillo.
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