GameChange Racking’s financing facility with Barron Group Holdings LLC was recently upsized to $20 million. The facility is to be utilized as needed to help accelerate the rapid expansion of GameChange’s fixed tilt and tracker solar PV racking business in the United States and internationally.
GameChange Racking expects revenues to more than triple in 2015 over 2014, and increase 7,000% over revenues in 2012. The company has been profitable every year since inception and has no debt. GameChange expects to triple revenues again in 2016 and substantially exceed 1 GW in annual sales.
GameChange Racking is an example of how manufacturing in the United States can be a viable business model. Innovation, superior engineering, efficient operations and advanced proprietary technology are critical to enable profitable growth in a competitive environment such as the solar PV industry.
“GameChange is fortunate to be cash flow positive, profitable, have no debt and maintain a significant cash balance,” said Andrew Worden, CEO of GameChange Racking. “Having the financing facility upsized to $20,000,000 from Barron Group Holdings enables us to be able to meet even more of the large growth opportunities we are encountering in the US solar market and abroad.”
By pioneering such breakthroughs as next generation structure design in the Max-Span Post System, zero/near-zero ballast with its proprietary Grid-Lite Roof System and the GameChange Pour-in-Place technology for ballasted ground systems, GameChange racking has revolutionized the solar racking business with quality at value pricing. This has been made possible through GameChange’s patent pending protected design innovations.
Hey, did you see our video with GameChange at SPI? Check it out below if you missed it:
— Solar Builder magazine