SOLV Energy, LLC
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SOLV Energy, LLC - overview
Established
2008
Location
San Diego, CA, US
Primary Industry
Renewable Energy
About
Based in California, US, and founded in 2008, SOLV Energy, LLC, formerly known as Swinerton Renewable Energy, operates as an engineering, procurement, and construction (EPC), and operations and maintenance (O&M) services firm. In September 2021, American Securities agreed to acquire SOLV Energy, LLC from Swinerton Incorporated for USD 2 billion. As of 2022, the company is led by its CEO George Hershman. The firm offers clean sustainable advanced energy solutions for renewable energy facilities.
The services provided by the firm include engineering procurement construction (EPC) that includes services for projects such as solar farm setup and high voltage substations. It also offers services such as in-house operations and maintenance solutions, construction management, and services like field and high voltage testing.
Current Investors
American Securities
Primary Industry
Renewable Energy
Sub Industries
Consulting Services, Engineering, Solar Power, Energy Storage & Batteries
Website
www.solvenergy.com
Verticals
Clean Technology
Total Amount Raised
Subscriber access only
SOLV Energy, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | SDI Services | - | ||||||||
| Corporate Carve Out | Completed | SOLV Energy, LLC | - |
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