Core Viewpoint - SOLV Energy, Inc. has launched a roadshow for its initial public offering (IPO) of 20,500,000 shares of Class A common stock, with an expected price range of $22.00 to $25.00 per share [1] Company Overview - SOLV Energy is a leading provider of infrastructure services to the power industry, offering services such as engineering, procurement, construction, testing, commissioning, operations, maintenance, and repowering [4] - Since its inception in 2008, the company has built over 500 power plants, representing a total generating capacity of 20 gigawatts (GW) [4] - SOLV Energy also provides operations and maintenance (O&M) services to 146 operating power plants, which account for over 18 GW of generating capacity [4] - The company offers large-scale repair, emergency response, and repowering services, as well as end-to-end SCADA and network infrastructure solutions to enhance project performance and energy availability [4] IPO Details - The IPO will include a 30-day option for underwriters to purchase an additional 3,075,000 shares at the initial offering price, less underwriting discounts and commissions [1] - The company has applied to list its Class A common stock on Nasdaq under the ticker symbol "MWH" [1] - Jefferies and J.P. Morgan are acting as joint lead book-running managers for the offering, with several other firms participating as bookrunners [1]

Core Viewpoint - SOLV Energy announced its IPO terms, aiming to raise $482 million by offering 20.5 million shares at a price range of $22 to $25, resulting in a market capitalization of $4.7 billion and an enterprise value of $4.6 billion [1] Group 1: Company Overview - SOLV Energy, formerly known as Swinerton Renewable Energy, was acquired by American Securities in 2021 and specializes in infrastructure services for solar and battery storage projects [2] - The company focuses on utility-scale solar and battery storage projects with capacities of 200 MWdc and above, having constructed over 500 power plants with a total installed capacity of 20 GWdc since its establishment in 2008 [2] - SOLV Energy is recognized as the second-largest solar contractor in the U.S. and the seventh overall contractor in the power industry based on projected revenue for 2024 [2] Group 2: Financial Performance - For the nine months ending September 30, 2025, SOLV Energy reported a 21% revenue growth to $1.7 billion, with a gross margin increase of 625 basis points to 19% [2] - Adjusted EBITDA grew by 115% to $241.3 million, with an adjusted EBITDA margin increase of 625 basis points to 14% [2] - The company recorded $2.1 billion in sales for the 12 months ending September 30, 2025 [3] Group 3: IPO Details - SOLV Energy plans to list on NASDAQ under the ticker symbol MWH, with Jefferies, J.P. Morgan, and several other banks serving as joint bookrunners for the IPO [3] - Post-IPO, American Securities will retain a 75% ownership stake in the company [2]

Core Viewpoint - SOLV Energy, a solar and battery storage firm, is aiming for a valuation of up to $4.99 billion in its upcoming initial public offering (IPO) in the United States [1] Company Summary - SOLV Energy specializes in solar and battery storage solutions [1] - The company is preparing for its IPO, indicating a significant step towards capital market engagement [1] Industry Summary - The solar and battery storage industry is experiencing growth, as evidenced by SOLV Energy's substantial valuation target [1] - The IPO reflects increasing investor interest in renewable energy and storage technologies [1]

Table of Contents As filed with the Securities and Exchange Commission on January 30, 2026. Registration No. 333-292778 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 2 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 (I.R.S. Employer Identification Number) 16680 West Bernardo Drive San Diego, CA 92127 (858) 251-4888 SOLV Energy, Inc. (Address, Including Zip Code, and Telephone Number, Including Area Code, of Registrant's Principal Executive Offices) ...

As filed with the Securities and Exchange Commission on January 23, 2026. Registration No. 333-292778 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Primary Standard Industrial Classification Code Number) Delaware 4931 33-4537250 (I.R.S. Employer Identification Number) 16680 West Bernardo Drive San Diego, CA 92127 (858) 251-4888 (Address, Including Zip Code, and Telephone Number, Including Area Code, of Registrant's Principal Executive Offices) Adam Forman Chief Legal Officer 16680 ...

Core Insights - Donovan Jones is an IPO research specialist with 15 years of experience analyzing investment opportunities for U.S. IPOs [1] - He leads the investing group IPO Edge, which provides actionable information on growth stocks through various resources [1] Group 1: IPO Edge Services - IPO Edge offers first-look IPO filings, previews on upcoming IPOs, and an IPO calendar for tracking future listings [1] - The platform includes a database of U.S. IPOs and a guide to IPO investing, covering the entire IPO lifecycle from filing to listing [1] Group 2: Analyst's Position - The analyst has no stock, option, or similar derivative position in any of the companies mentioned and has no plans to initiate any such positions within the next 72 hours [1]

Table of Contents As filed with the Securities and Exchange Commission on January 16, 2026. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Adam Forman Chief Legal Officer 16680 West Bernardo Drive San Diego, CA 92127 (858) 251-4888 (Name, Address, Including Zip Code, and Telephone Number, Including Area Code, of Agent For Service) Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 SOLV Energy, Inc. (Exact name of registrant as specified in its cha ...