SOLV Energy announced it has reached an agreement to acquire Roberson Waite Electric (RWE), a provider of utility substation construction, testing, commissioning, and related infrastructure services headquartered in California.

SOLV Energy CEO George Hershman stated, "This acquisition advances SOLV's strategy of establishing a diversified, scalable energy and infrastructure service platform integrated with utility investments. The addition of Rhein Group's substation expertise strengthens our lifecycle approach, enabling us to support utilities from construction through long-term operations."

This acquisition expands SOLV's service capabilities and supports its expansion into the regulated utility market, enabling the company to make long-term investments in grid modernization and resilience. RWE's technical expertise, long-term utility relationships, and experienced workforce also provide operational leverage for SOLV's existing platforms spanning large-scale solar power generation, energy storage, and high-voltage infrastructure.

RWE was founded in 1975 and is headquartered in Anaheim, California, carrying on a multi-generational family tradition in the utility infrastructure sector. With decades of experience supporting safety-critical substation projects for major electric utilities in Southern California, RWE is recognized for its execution in brownfield and dense urban environments, as well as its ongoing, repeat collaborations with regulated utility clients.

RWE CEO James Waite stated, "With increasing investments in critical infrastructure, joining SOLV enables us to build a solid foundation while expanding our ability to serve customers. We look forward to becoming part of a broader vision and platform focused on long-term infrastructure performance and reliability."

RWE will operate as SOLV Energy, retaining its current leadership team, operational model, and customer relationships. The transaction is expected to be completed in the third quarter of 2026.