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Portland Tennessee based Shoals Technologies Group is raising $6,500,000.00 in New Equity Investment.

Portland Tennessee based Shoals Technologies Group is raising $6,500,000.00 in New Equity Investment.

October 4, 2021 Craig Etkin

Portland, TN – According to filings with the U.S. Securities and Exchange Commission, Shoals Technologies Group is raising $6,500,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Jason Whitaker played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Shoals Technologies Group
Shoals is a leading provider of electrical balance of system or EBOS solutions for solar energy projects in the United States. EBOS encompasses all of the components that are necessary to carry the electric current produced by solar panels to an inverter and ultimately to the power grid. EBOS components are mission-critical products that have a high consequence of failure, including lost revenue, equipment damage, fire damage, and even serious injury or death. EBOS components that we produce include cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, transition enclosures and splice boxes. As a result, we believe customers prioritize reliability and safety over price when selecting EBOS solutions.

To learn more about Shoals Technologies Group, visit http://www.shoals.com/

Contact:
Jason Whitaker, Chief Executive Officer
615-451-1400
https://www.linkedin.com/in/jason-whitaker-78804761/

SOURCE: http://www.intelligence360.io
Copyright (c) 2021 SI360 Inc. All rights reserved


Venture Capital
5360, Nashville, Portland, Shoals Technologies Group, Tennessee, Venture Capital

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