Nextpower is acquiring Prevalon Energy for a total consideration of up to $365 million. The deal structure includes $150 million in cash at closing, $50 million in stock issued one year post-closing, and up to $165 million in contingent cash consideration. Prevalon brings over 6 GWh of deployed BESS systems and 1.3 GW of firm supply contracts for AI and hyperscaler data centers. Nextpower has raised its fiscal year 2027 revenue outlook to a range of $4.0 billion to $4.4 billion. Adjusted EBITDA guidance for FY2027 has been increased to $845 million to $930 million.