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
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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.