Nextpower lifts FY27 outlook after $365 M Prevalon Energy acquisition

Deal and strategic fit Nextpower’s acquisition of Prevalon Energy – a joint venture of Mitsubishi Power Americas and EES – adds more than 6 GWh of deployed BESS capacity and 1.3 GW of firm supply contracts serving AI workloads and hyperscaler data‑center infrastructure. Prevalon’s portfolio, which includes the Hybrid Power Stabilizer, HD5™ DC and AC blocks, and InsightOS controls, gives Nextpower a full‑stack hardware‑software offering for utility grids, private micro‑grids, and industrial power systems.

Financial guidance upgrade In the same filing, management lifted its FY27 outlook: - Revenue: $4.0 billion to $4.4 billion (up from $3.8‑$4.1 billion) - GAAP net income: $507 million to $573 million (up from $501‑$559 million) - GAAP diluted EPS: $3.22‑$3.64 (up from $3.19‑$3.56) - Adjusted EBITDA: $845 million to $930 million (up from $825‑$900 million) - Adjusted diluted EPS: $4.30‑$4.73 (up from $4.21‑$4.59)

The revised outlook incorporates approximately $50 million of incremental costs tied to accelerating entry into the power‑conversion market, while adjusted EBITDA and EPS figures exclude $208 million and $1.09 million, respectively, for stock‑based compensation, intangible amortization, and acquisition‑related expenses.

Closing timeline and market reaction The transaction is slated to close in Q2 FY27, pending customary closing conditions and antitrust review. Shares of Nextpower were up 1.02% on the day of the filing, continuing a strong performance that has seen a 9.3% gain over the past week and a 57.4% rise year‑to‑date, reflecting investor confidence in the company’s growth trajectory.

Forward‑looking statements The filing contains extensive forward‑looking language, noting that actual results could differ due to integration risk, market demand for BESS solutions, and regulatory outcomes. Management highlighted the opportunity to capture a share of the projected $35 billion global BESS market outside China by 2030, with $15 billion of that potential in the United States.

Next steps An investor conference call and webcast are scheduled for May 28, 2026 at 2 p.m. PT/5 p.m. ET where senior executives will discuss the acquisition’s impact and answer analyst questions.

The filing underscores Nextpower’s aggressive push into the high‑growth BESS and AI‑data‑center power‑supply space, positioning the company for a stronger FY27 and beyond.