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Shoals Technologies Group, Inc. launches an IPO.

22.01.2021

IPO of Shoals Technologies Group, Inc. (SHLS) will take place on January 26, 2021. Shoals Technologies is a leading provider of power supply systems (EBOS) for solar energy projects in the United States. EBOS includes all the components needed to transfer the electrical current generated by solar panels to the inverter and ultimately to the power grid. The company was founded to provide innovative EBOS solutions that reduce installation costs and improve reliability and safety. Shoals Technologies was the first company in the industry to successfully commercialize plug-n-play EBOS systems.

Shoals Technologies is an american company headquartered in Portland, Tennessee with major manufacturing facilities in Portland, Tennessee and Muscle Shoals, Alabama.

The listed bookrunners of the IPO are Goldman Sachs, JP Morgan, Guggenheim Securities and UBS Investment Bank.