Jabil to pay $750M for energy management company

The St. Petersburg tech giant says it has agreed to pay $750 million for the Northern Virginia and Irish company that specializes expert in power systems and energy optimization.

  • By Louis Llovio
  • | 5:40 p.m. November 4, 2025
  • | 0 Free Articles Remaining!
Jabil's corporate headquarters in St. Petersburg.
Jabil's corporate headquarters in St. Petersburg.
Courtesy image
  • Tampa Bay-Lakeland
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Jabil Inc., the St. Petersburg technology titan, has agreed to buy a Northern Virginia energy company that services data centers.

In a note to investors Tuesday, Jabil says it agreed to pay $750 million for Hanley Energy Group in an all-cash transaction.

The deal also includes a “contingent consideration up to $58 million, subject to achieving future revenue thresholds.”

 

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