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Feb 11, 2026 12:00 AM

SOLV Energy Announces Pricing of Initial Public Offering

SAN DIEGO, Feb. 10, 2026 (GLOBE NEWSWIRE) -- SOLV Energy, Inc. ("SOLV" or the "Company"), a leading provider of infrastructure services to the power industry, today announced the pricing of its initial public offering of 20,500,000 shares of its Class A common stock, at a public offering price of $25.00 per share. In addition, the Company has granted 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 shares are expected to begin trading on the Nasdaq Global Select Market on February 11, 2026, under the ticker symbol "MWH." The closing of the offering is expected to occur on February 12, 2026, subject to customary closing conditions.

Jefferies and J.P. Morgan are acting as joint lead book-running managers for the 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 offering. Academy Securities is acting as co-manager for the offering.

The offering of these securities is being made only by means of a prospectus. When available, copies of the final prospectus relating to the offering may be ...