FTC Solar, Cat Creek Energy Announce 1-Gigawatt Tracker Agreement To Supply Landmark Renewables Project; Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
FTC Solar and Cat Creek Energy have announced a 1-gigawatt tracker agreement to supply a landmark renewables project. FTC Solar will supply solar tracker equipment and services for the $1.5 billion new solar and battery infrastructure that Cat Creek Energy will build to fulfill its recent agreement with Bayer. The delivery of the tracker is expected to begin in late 2023 and be completed by the end of 2025.
August 09, 2023 | 10:34 am
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FTC Solar's agreement with Cat Creek Energy to supply solar tracker equipment and services for a $1.5 billion project could potentially boost its revenues and profitability in the coming years.
FTC Solar's agreement to supply solar tracker equipment and services for Cat Creek Energy's $1.5 billion project represents a significant business opportunity. This could potentially lead to increased revenues and profitability for FTC Solar in the coming years, positively impacting its stock price.
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IMPORTANCE 80
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