The Peck Company Holdings announced the signing of contracts totaling $7.641 million for six projects totaling 10.5 MW.
The portfolio of six projects is located in Vermont and includes nameplate sizes from 220 kWDC to 2.7 MWDC. Several of the projects have already started construction and will be completed by the end of the year. The entire portfolio will be complete within the next two quarters.
“We have always been proud of our roots, and Vermont has been a very supportive state to grow our business in over the past 50 years,” said Jeffrey Peck, The Peck Company Holdings Chairman of the Board and CEO. “As we diversify into other states as part of our strategic growth plan, we bring the craftsmanship and relationships that have helped us thrive. We continue to be grateful for the support as we expand into other states like Maine and Rhode Island, and coast to coast.”
Peck continued, “This momentum is important as we advance our efforts to close the previously announced business combination with Sunworks. As detailed in the preliminary joint proxy statement/prospectus we filed with the Securities and Exchange Commission on October 1, 2020, we believe the transaction with Sunworks will allow us to leverage the combined synergies to create a larger solar EPC platform with greater geographical reach and enhanced financial resources which will benefit our partners, customers and shareholders.”
News item from The Peck Company Holdings