Orion Energy (OESX) Systems announced the three-year renewal of a major LED lighting preventative maintenance contract with one of the nation’s largest retailers. The value of the contract is estimated to be between $42M and $45M. The partnership involves the maintenance of LED lighting systems at approximately 2,050 locations nationwide. The three-year renewal takes effect in March of 2026, upon expiration of Orion’s existing three-year engagement with this retail giant.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OESX:
- Orion Energy Systems Finalizes Acquisition Agreements
- Orion Energy secures $11M in projects from government agency customer
- Orion Energy price target adjusted to $20 at H.C. Wainwright after reverse split
- Orion Energy trading halted, news pending
- Orion Energy ‘lauds’ guidance on federal national EV infrastructure grants
