Nextracker Acquires Origami Solar in $53-Million Deal
by Contributed Content from POWER Magazine on (#6ZY6B)
Solar technology major Nextracker announced the company would expand into the solar power frame market with the acquisition of Origami Solar. Origami is a pioneer in roll-formed steel frame technology. The deal, announced September 8, is an all-cash transaction of about $53 million, including future contingent earnout consideration. The shift from aluminum to steel is [...]
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