Announced

Completed

Nextracker completed the acquisition of Bentek Corporation for $78m.

Synopsis

Nextracker, a solar technology platform provider, completed the acquisition of Bentek Corporation, a manufacturer of electrical infrastructure, for $78m. “It is fantastic to join forces with Bentek, expanding the Nextracker platform with exceptional eBOS products and expertise. Together, we can offer fully engineered, integrated solutions that can help accelerate procurement and construction timelines and reduce installed cost, all backed by the trusted Nextracker brand. We believe that an integrated design approach can unlock synergies between the mechanical and electrical subsystems, driving enhanced customer value and creating a new and powerful solar power plant platform business model,” Howard Wenger, Nextracker President.

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