Latham & Watkins Advises on SOLV Energy’s US$512.5 Million IPO

SOLV Energy, Inc. (SOLV), a leading provider of infrastructure services to the power industry, 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 US$25 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 began 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.

Latham & Watkins LLP represented the underwriters in the IPO with a Capital Markets team led by partners Marc Jaffe and Erika Weinberg, with associates Robyn Sablove, Madison Venezia, and Haila Al‑Khalaf. Advice was also provided on tax matters by partner Andrea Ramezan‑Jackson, with associate Nolon Blaylock; on data privacy and cybersecurity matters by partner Robert Blamires, with associate Kathryn Parsons‑Reponte; on benefits matters by partners Bradd Williamson and Alisa Hand, with associate Drew Baker; on intellectual property matters by partner Jessica Cohen, with associates Ece Gonulal and Jamie Eimbinder; on ESG matters by partner Betty Huber, with associate Catherine Willis; on environmental matters by partner Gary Gengel and counsel David Langer, with associate Tal Carmeli; on anti‑corruption matters by counsel Timothy McCarten, with associate Cassie Martin Andry; and on trade control matters by associate C.J. Rydberg.