• MYR Group to buy Valley Electric, Comet Electric, plus affiliates from Prospect Capital for about USD 328 million, subject to post-closing adjustments.
• Deal funding planned through cash on hand, borrowings under MYR Group’s revolving credit facility.
• Valley Electric, founded 1982, is based in Everett, Washington; Comet Electric, founded 1976, is based in Chatsworth, California.
• Combined average annual revenue exceeded USD 400 million over the last two years.
• Closing targeted on or about July 1, 2026, subject to regulatory approvals, customary closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MYR Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000700923-26-000033), on May 27, 2026, and is solely responsible for the information contained therein.