Pioneer Power renews, extends service agreement with existing customer

Pioneer Power (PPSI) announced it has renewed and extended a service agreement with an existing customer, a large U.S. retailer, for on-site power services. Under the terms of the new three-year agreement, the company will provide maintenance, energy management and update services to more than 750 of the retailer’s store locations. The company is expected to generate approximately $6M in total revenue over the course of the new three-year agreement.