SOLV Energy Raises $513 Million in IPO at $25 per Share
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 11 2026
0mins
Should l Buy MWH?
Source: renaissancecapital
- Fundraising Achievement: SOLV Energy successfully raised $513 million by offering 20.5 million shares at $25 each, reaching the high end of its price range, indicating strong market confidence in its business model.
- Company Background: Formerly known as Swinerton Renewable Energy, SOLV Energy was rebranded after its acquisition by American Securities in 2021, focusing on infrastructure services for solar and battery storage projects, thereby enhancing its competitive edge.
- Market Position: Since its inception in 2008, SOLV Energy has constructed over 500 power plants with a total generating capacity of 20 GWdc, positioning itself as the second largest solar contractor in the U.S. by 2024 revenues, further solidifying its leadership in the power industry.
- IPO Plans: SOLV Energy plans to list on Nasdaq under the symbol MWH, with several prominent financial institutions, including Jefferies and J.P. Morgan, acting as joint bookrunners for the offering, which boosts its market credibility.
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Analyst Views on MWH
Wall Street analysts forecast MWH stock price to rise
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Current: 30.810
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Four IPOs and Nine SPACs Priced This Week
- SOLV Energy IPO Performance: SOLV Energy (MWH) priced its IPO at $513 million, achieving a market cap of $5 billion, which successfully draws investor interest and is expected to further solidify its leadership in the solar infrastructure services market.
- AGI IPO Adjustment: Brazilian consumer bank AGI (AGBK) slashed its deal size by 65% before pricing, ultimately raising $240 million at the low end, and despite regulatory challenges, it continues to provide financial services to underserved customer segments.
- ARKO Petroleum IPO Situation: ARKO Petroleum (APC) priced its IPO at $200 million with a market cap of $830 million, and although its IPO performance was flat, its stable operations in the fuel distribution market lay a foundation for future growth.
- Jaguar Uranium IPO Performance: Jaguar Uranium (JAGU) priced its IPO at $25 million, achieving a market cap of $77 million, and despite market volatility, its focus on uranium exploration may attract more investor attention in the future.
See More
SOLV Energy Raises $513 Million in IPO at $25 per Share
- Fundraising Achievement: SOLV Energy successfully raised $513 million by offering 20.5 million shares at $25 each, reaching the high end of its price range, indicating strong market confidence in its business model.
- Company Background: Formerly known as Swinerton Renewable Energy, SOLV Energy was rebranded after its acquisition by American Securities in 2021, focusing on infrastructure services for solar and battery storage projects, thereby enhancing its competitive edge.
- Market Position: Since its inception in 2008, SOLV Energy has constructed over 500 power plants with a total generating capacity of 20 GWdc, positioning itself as the second largest solar contractor in the U.S. by 2024 revenues, further solidifying its leadership in the power industry.
- IPO Plans: SOLV Energy plans to list on Nasdaq under the symbol MWH, with several prominent financial institutions, including Jefferies and J.P. Morgan, acting as joint bookrunners for the offering, which boosts its market credibility.
See More
Four IPOs and Nine SPACs Priced This Week
- SOLV Energy IPO Performance: SOLV Energy (MWH) priced its IPO at $513 million, achieving a market cap of $5 billion, which successfully draws investor interest and is expected to further solidify its leadership in the solar infrastructure services market.
- AGI IPO Adjustment: Brazilian consumer bank AGI (AGBK) slashed its deal size by 65% before pricing, ultimately raising $240 million at the low end, and despite regulatory challenges, it continues to provide financial services to underserved customer segments.
- ARKO Petroleum IPO Situation: ARKO Petroleum (APC) priced its IPO at $200 million with a market cap of $830 million, and although its IPO performance was flat, its stable operations in the fuel distribution market lay a foundation for future growth.
- Jaguar Uranium IPO Performance: Jaguar Uranium (JAGU) priced its IPO at $25 million, achieving a market cap of $77 million, and despite market volatility, its focus on uranium exploration may attract more investor attention in the future.
See More
SOLV Energy Raises $513 Million in IPO at $25 per Share
- Fundraising Achievement: SOLV Energy successfully raised $513 million by offering 20.5 million shares at $25 each, reaching the high end of its price range, indicating strong market confidence in its business model.
- Company Background: Formerly known as Swinerton Renewable Energy, SOLV Energy was rebranded after its acquisition by American Securities in 2021, focusing on infrastructure services for solar and battery storage projects, thereby enhancing its competitive edge.
- Market Position: Since its inception in 2008, SOLV Energy has constructed over 500 power plants with a total generating capacity of 20 GWdc, positioning itself as the second largest solar contractor in the U.S. by 2024 revenues, further solidifying its leadership in the power industry.
- IPO Plans: SOLV Energy plans to list on Nasdaq under the symbol MWH, with several prominent financial institutions, including Jefferies and J.P. Morgan, acting as joint bookrunners for the offering, which boosts its market credibility.
See More
