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Vertiv (VRT) Stock: $1.45B Utility Innovation Deal Targets Data Center Power

By Trader Edge at 2026-09-09 14:18

Sentiment: Positive

TLDR Vertiv agreed to acquire Utility Innovation Holdings for $1.45 billion in cash An additional $1.15 billion is payable based on EBITDA targets over 12 and 24-month periods Utility Innovation provides microgrid controls, on-site power generation, and energy storage for data centers The deal values Utility Innovation at roughly 13x its 2027 EBITDA and is [...] The post Vertiv (VRT) Stock: $1.45B Utility Innovation Deal Targets Data Center Power appeared first on CoinCentral. Continue reading...

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