Nextpower agrees to buy Zimmermann PV-Steel Group for up to EUR 330 million

Nextpower

Nextpower

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  • Nextpower agreed to buy Germany-based Zimmermann PV-Steel Group to expand its solar product lineup and deepen its European footprint.
  • Deal value set at up to EUR 330 million in cash and stock, subject to closing conditions.
  • Zimmermann brings more than 20 GW deployed across 2,500 projects in 58 countries, with a strong position in Germany’s utility solar market.
  • Closing targeted for the second half of Nextpower’s fiscal 2027; business to operate as “Zimmermann PV, a Nextpower Company.”


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