PECK - Peck nabs solar projects worth $7M

Peck Company (PECK) has signed contracts totalling $7.6M for six projects totalling 10.5 megawatts ((MWs)).The 10.5MW portfolio of six projects is located in Vermont and include nameplate sizes from 220kWdc to 2.7MWdc. Several of the projects have already started construction and will be completed by year-end. The entire portfolio will be complete within the next two quarters.Chairman and CEO Jeffrey Peck, commented, “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, 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.”

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Peck nabs solar projects worth $7M