Solar Tracker Firm NEXtracker Raises $638 Million in IPO

The firm shipped ~70 GW of solar tracker systems as of September 2022

February 10, 2023

/ Gourav Mishra
/ Finance and M&A, Solar
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Integrated solar tracker and software solutions firm NEXtracker, a subsidiary of diversified manufacturing company Flex, has raised $638 million in an initial public offering (IPO) by selling 26.6 million shares at $24 per share.

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Gourav Mishra

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