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Nextpower Bets on Battery Storage, AI Data Centers With $365M Prevalon Deal

NextPower Dan Shugar NXT Nasdaq Supply chain MarketBeat

Nextpower (NASDAQ:NXT) said it has entered into a definitive agreement to acquire Prevalon Energy, a utility-scale battery energy storage systems provider, in a transaction the company said would expand its platform beyond solar into storage, controls, software and lifecycle services.

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