EPC Agreement for 10-15 Stores Over Next Two Years
ROSEVILLE, Calif., Nov. 07, 2018 (GLOBE NEWSWIRE) -- Sunworks, Inc. (SUNW), a provider of solar power solutions for agriculture, commercial and industrial (ACI), public works and residential markets, today announced a new partnership agreement with a national grocery store chain. Under the terms of the agreement, Sunworks will provide engineering, procurement and construction for 10 – 15 stores, primarily on the west coast over the next two years
Chuck Cargile, Sunworks Chief Executive Officer, said, “This multimillion-dollar agreement formalizes and expands our long-standing relationship with a key national account customer and allows us to grow our relationship without undergoing the competitive bidding process. In addition, it provides Sunworks and our customer with greater visibility to timing, economic terms and execution steps of projects. This agreement addresses only one of the multiple regions where our customer operates. We anticipate winning additional projects outside of this agreement. This relationship is evidence of the progress we are making in our efforts to solidify strong relationships with national accounts and recurring project revenue.”
The company noted that it will provide more information about this agreement on its previously scheduled earnings release conference call scheduled for November 7, 2018 at 11:30 p.m. ET.
About Sunworks, Inc.
Sunworks, Inc. (NASDAQ:SUNW) is a premier provider of high performance solar power systems. We are committed to quality business practices that exceed industry standards and uphold our ideals of ethics and safety. Sunworks continues to grow its presence, expanding nationally with regional and local offices. We strive to consistently deliver high quality, performance-oriented solutions for customers in a wide range of industries including agricultural, commercial and industrial, federal, public works, and residential. Our dedication to excellence is reflected in our 25-year warranty, a benchmark that we stand by to support our customers above and beyond their expectations. Sunworks’ diverse, seasoned workforce includes distinguished veterans who bring a sense of pride, discipline, and professionalism to their interaction with customers. All our employees uphold our company’s guiding principles each day. Sunworks is a member of the Solar Energy Industries Association (SEIA) and is a proud advocate for the advancement of solar power. For more information, visit www.sunworksusa.com
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