SOLV Energy acquires Roberson Waite Electric (RWE) — Anaheim, CA-based utility substation construction, testing, commissioning, and infrastructure services contractor founded in 1975; expands SOLV’s service capabilities into regulated utility market; RWE will operate as a SOLV company retaining current leadership and customer relationships; expected to close Q3 2026
SOLV Energy (Nasdaq: MWH), the largest US utility-scale solar EPC, announced an agreement to acquire family-owned California substation contractor Roberson Waite Electric. CEO George Hershman framed the deal as advancing SOLV's diversified energy and infrastructure services platform to serve utility lifecycle work from construction through long-term operation — a clear pivot beyond pure solar EPC into substation/grid services as utility capex accelerates.
Deal Value
Other
Technology
CA
Location
Deal Details
- Deal Type
- Asset acquisition (services)
- Seller / Sponsor
- Roberson Waite Electric
- Buyer / Financier
- SOLV Energy
- Stage
- Operating
- ISO/RTO
- CAISO
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