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SOLV Energy is buying ASB Energy Services to boost its high-voltage infrastructure and energy services.

DealRead the original at globenewswire.com
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SOLV Energy acquired ASB Energy Services, adding high-voltage work to its energy services business. This supports its solar, battery-storage, and transmission focus, though the purchase terms were not announced.

MWH · SOLV Energy, Inc.

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The AI's read

The added skills could help SOLV Energy take on more high-voltage work alongside solar, battery storage, and transmission projects. The announcement gives no purchase price or other financial details, so the cost is unknown. The broader range of services makes the news favorable, though the deal's financial effect is not yet clear.

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