Reported 4 days ago
FTC Solar has entered into a $75 million strategic financing facility with Cleanhill Partners and affiliates, which includes an initial term loan of up to $37.5 million. They have already secured $14.3 million, with further financing expected to close in the third quarter of 2025, pending shareholder approval. The funds will be used for balance sheet support, growth acceleration, and general corporate purposes.
Source: YAHOO