Solv Energy Inc

SOLV Energy placed 15 million Class A common shares at $36.00 per share, raising about $540 million in total. The offering includes 7,698,410 shares from affiliates of American Securities and 7,301,590 shares from the company; both selling parties and the syndicate banks were granted options to purchase additional shares. SOLV Energy intends to use its portion of the proceeds to acquire business interests in SOLV Energy Holdings LLC from existing holders; the company will receive no proceeds from the shares sold by the selling shareholders. The closing is expected on June 1, 2026; the SEC has already declared the S-1 effective. » Plus sur de.investing.com

The SOLV Energy share fell about 4% pre-market after the company announced a public placement of 14,000,000 Class-A common shares. Of these, 7,185,181 shares are to be offered by affiliated entities of American Securities and 6,814,819 shares by the company itself; there are also 30-day options for an additional 1,077,778 and 1,022,222 shares for the consortium banks. SOLV Energy intends to use the net proceeds to acquire ownership interests in SOLV Energy Holdings LLC from existing holders; the sale by existing shareholders will not raise funds for the company. Jefferies and J.P. Morgan are acting as joint bookrunners. » Plus sur de.investing.com

SOLV Energy reported a 66% revenue increase in Q1 2026 to $677 million and an adjusted EBITDA of $93 million (+174%). A one-time, non-cash charge led to a net loss of $27 million, yet the stock rose 6.58% in pre-market trading. The company confirmed its 2026 revenue guidance of $3.72–3.82 billion and raised targets for adjusted gross profit and adjusted EBITDA, supported by a robust order backlog and strong market demand. » Plus sur de.investing.com