Shoals Technologies Inks Master Supply Pact With Blattner For 2 Years
Portfolio Pulse from Nabaparna Bhattacharya
Shoals Technologies Group (NASDAQ: SHLS) has signed a Master Supply Agreement with Blattner Company to deliver 10 GW of its Big Lead Assembly (BLA) and systems solutions over the next two years. The financial terms were not disclosed. Project deliveries have started, with completion expected by Q2 2025.
June 12, 2023 | 1:45 pm
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Shoals Technologies signed a 2-year Master Supply Agreement with Blattner Company to deliver 10 GW of its BLA and systems solutions, with completion expected by Q2 2025.
The Master Supply Agreement with Blattner Company is a significant deal for Shoals Technologies, as it provides visibility and confidence in delivering their shared goals. The deal is expected to have a positive impact on SHLS stock price in the short term, as it demonstrates the company's ability to secure large contracts and fosters domestic manufacturing and job creation.
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