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Nextracker Announces Acquisition of Origami Solar
Nextracker (Nasdaq: NXT), a leading solar technology platform provider, today announced its expansion into the solar panel frame market with the acquisition of Origami Solar, Inc., a pioneer in roll-formed steel frame technology, in an all-cash transaction of approximately $53 million including future contingent earnout consideration. Steel frames offer a high-performance alternative to traditional extruded aluminum…
