Tigo Energy, Inc. announced that it has entered into an amended and restated manufacturing and supply agreement with EG4 Electronics LLC. Under the revised agreement, Tigo Energy will supply TS4-A-Os optimizers, Tigo Cloud Connect Advanced, and Tigo Access Point components to EG4, which will use them to manufacture, package, and distribute Optimized Inverters. The agreement clarifies that EG4 will be the recipient of any eligible Section 45X tax credits and will pay Tigo Energy an agreed-upon amount of such credits if received. Other material terms of the agreement remain substantially the same as previously disclosed.
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