Pineapple Energy subsidiary completes engineering work on 8.46MW installations

SUNation, the subsidiary of Pineapple Energy (PEGY), has completed the foundational engineering work for an 8.46 MW series of commercial projects on Long Island collectively valued at $11 million. The work was performed as part of an exclusive Letter of Intent on the engineering portion of the project. SUNation is working with the project principals to finalize details for contracts that would have the Company perform installation of photovoltaic modules and racking systems across their various sites. Any future work agreed upon via letters of intent between the two parties is non-binding and subject to normal closing conditions.