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Feb 2, 2026 8:01 AM

SOLV Energy Announces Launch of Initial Public Offering

SAN DIEGO, Feb. 02, 2026 (GLOBE NEWSWIRE) -- SOLV Energy, Inc. ("SOLV" or the "Company"), a leading provider of infrastructure services to the power industry, today announced that it has launched the roadshow for its initial public offering of 20,500,000 shares of its Class A common stock. The initial public offering price is expected to be between $22.00 and $25.00 per share pursuant to a registration statement on Form S-1 filed with the Securities and Exchange Commission (the "SEC"). In addition, the Company intends to grant the underwriters a 30-day option to purchase up to an additional 3,075,000 shares of Class A common stock at the initial public offering price, less underwriting discounts and commissions. The Company has applied to list its Class A common stock on Nasdaq under the ticker symbol "MWH."

Jefferies and J.P. Morgan are acting as joint lead book-running managers for the proposed offering. KeyBanc Capital Markets, TD Cowen, UBS Investment Bank, Baird, Evercore ISI, Guggenheim Securities, Wolfe | Nomura Alliance, CIBC Capital Markets and Roth Capital Partners are acting as bookrunners for the proposed offering. Academy Securities is acting as co-manager for the proposed offering.

The proposed offering of these securities will be made only by means of a prospectus. Copies of the preliminary prospectus ...