Funding M&A Roundup: Gibraltar Acquires Solar Racking Company TerraSmart for $220M
APICORP extends a $125 million 5-year term corporate facility to Acwa Power
January 11, 2021
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Shoals Technologies Group, a U.S. provider of electrical balance of system products for solar projects, filed with SEC to raise up to $100 million in an initial public offering. Backed by Oaktree Capital, the company’s electrical balance of system (EBOS) solutions encompass all the components necessary to carry the electric current produced by solar panels to an inverter and ultimately to the power grid, including cable assemblies, inline fuses, combiners, disconnectors, recombiners, wireless monitoring systems, junction boxes, transition enclosures, and splice boxes.