Add-on Acquisition • Construction

SOLV Energy Acquires Spartan Infrastructure

On June 23, 2025, SOLV Energy acquired construction company Spartan Infrastructure

Acquisition Context

This is SOLV Energy’s 1st transaction in the Construction sector.
This is SOLV Energy’s 2nd transaction in the United States.
This is SOLV Energy’s 1st transaction in Arizona.

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M&A Deal Summary
Date	June 23, 2025
Target	Spartan Infrastructure
Sector	Construction
Buyer(s)	SOLV Energy
Deal Type	Add-on Acquisition

Target Company

Spartan Infrastructure

Mesa, Arizona, United States

Spartan Infrastructure is a high-voltage (HV) transmission contractor that provides transmission project sponsors with qualified contractors capable of delivering complex transmission projects safely and on schedule. Its capabilities include specialized transmission construction methodologies such as helicopter-aided construction, limited access, disturbance minimization, and sensitive terrain construction. Spartan Infrastructure is based in Mesa, Arizona.

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Buyer Overview 1

Buyer

SOLV Energy

San Diego, California, United States

Category	Company
Founded	2008
Sector	Renewable Energy

DESCRIPTION

SOLV Energy offers engineering, procurement, and construction (EPC) and operations and maintenance (O&M) services for solar photovoltaic plants throughout North America. SOLV Energy was founded in 2008 and is based in San Diego, California.

Deal Context for Buyer	#
Overall	2 of 2
Sector: Construction	1 of 1
Type: Add-on Acquisition	2 of 2
State: Arizona	1 of 1
Country: United States	2 of 2
Year: 2025	2 of 2

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2025-01-15	SDI Services San Diego, California, United States SDI Services is a renewable energy solutions provider for utility solar, energy storage, and high voltage projects. SDI Services was founded and is based in San Diego, California.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2025-01-15

SDI Services

San Diego, California, United States

SDI Services is a renewable energy solutions provider for utility solar, energy storage, and high voltage projects. SDI Services was founded and is based in San Diego, California.

Buy

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