** Solar and battery storage co SOLV Energy's MWH.O shares down 1.7% at $36.10 before the bell following pricing of secondary offering

** San Diego, California-based MWH late Thurs announced 15 mln shares at $36, a 1.9% discount to last sale

** Offering comprises ~7.7 mln shares offered by private equity sponsor American Securities and ~7.3 mln sold by the co

** MWH to use net offering proceeds it receives to purchase shares from certain existing holders, including American Securities and exec officers

** Jefferies and JP Morgan joint lead bookrunners

** Co had kicked off a 14 mln share offering late Tues whereby American Securities would still hold ~68% of total shares outstanding and voting power, per the prospectus

** MWH went public in Feb after $512.5 mln IPO priced at $25

** Avg rating of 10 analysts is "buy"; median PT $50, per latest LSEG