FTC Solar climbs on power tracker tech deal with Primoris

Primoris Services

15/09/2022 13:57

** Shares of FTC Solar Inc  FTCI.O  up 3.2% at $4.5
premarket  
    ** Co to supply at least 500 megawatts of its solar tracker
technology to Primoris Services Corp's  PRIM.O  renewable energy
unit for multiple project sites  urn:newsml:reuters.com:*:nGNX86dFNx
    ** FTCI expects Primoris to utilize FTCI's Pioneer 1P
tracker technology 
    ** Financial details of the deal not disclosed
    ** FTCI shares down 42.5% YTD, as of last close

 (Reporting by Ankit Kumar in Bengaluru)
 ((Ankit.Kumar2@thomsonreuters.com))