✉news EnvironmentEnergy first seen 3 d ago, last 2 d ago, peak #22
FTC Solar wins covenant relief from lenders for late 2026
Original: Lenders won’t apply financial tests to FTC Solar in the last two quarters of 2026.
Lenders of FTC Solar have agreed to waive financial covenant tests for the final two quarters of 2026, easing pressure on the solar equipment company during that period. The arrangement gives the company more financial flexibility in the second half of 2026, though the terms of the broader credit agreement remain in place outside those quarters.
Why now: Covenant waivers often signal financial stress or a restructuring, so investors are watching what this means for FTC Solar's health.
Evidence
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