The Peck Company Announces a $17M Agreement to Construct a Portfolio of Solar Arrays Generating 7 Megawatts
The Peck Company Holdings, Inc. (PECK)
Company Research
Source: Business Wire
Executing the Company’s Planned Growth Strategy with Customers Across the Northeast BURLINGTON, Vt.--(BUSINESS WIRE)--The Peck Company (NASDAQ:PECK), a leading commercial solar engineering, procurement and construction (EPC) company, today announced an initial agreement to construct a portfolio of solar PV arrays generating 7 megawatts for one of its customers. This customer currently owns several hundred million dollars in solar assets and also has a backlog of several hundred million dollars in new projects where they need partners for EPC development, a core competency of The Peck Company.The projected revenue from the portfolio of projects is approximately $17 million, and each project is subject to a customary EPC contract. The Peck Company will provide further updates on each specific contract.Peck will begin constructing each commercial-scale project in the portfolio after development has been completed and the project has received a notice to proceed. The projects are all l
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