Nextracker Completes Split from Flex, Establishes Independence

Nextracker, the US-based solar tracker manufacturer, has successfully concluded its separation from Singapore-headquartered electronics firm Flex after eight years under Flex ownership. The decision to split was announced in October, with Flex indicating a transfer of its controlling 51.7% stake in Nextracker to the latter's shareholders. As part of the completed split, Flex shareholders have