SolarMax signs three BESS EPC contracts totaling ~$416M; two in Puerto Rico, one in Texas

SolarMax Technology, Inc.

Naguabo BESS (Puerto Rico) 320 MWh; contract revenue ~$122.3M; SolarMax gets 9% membership interest.
Yabucoa BESS (Puerto Rico) 80 MWh; contract revenue ~$35.9M; SolarMax gets 9% membership interest.
Navboot Holdco (Corpus Christi, TX) 600 MWh; contract revenue ~$258.1M.
Combined revenue from three EPC agreements ~$416.3M; all signed Dec. 31, 2025.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

SolarMax Technology, Inc. entered into a supply with Naguabo BESS LLC valued at approximately $122.3 million (effective 2025-12-31).

Action: entry
Agreement: supply
Counterparty: Naguabo BESS LLC
Value: approximately $122.3 million
Effective: 2025-12-31

Exact text from the filing

Pursuant to an EPC agreement with Naguabo BESS LLC, a Texas limited liability company (“Naguabo”), SREP is to develop a BESS facility in Ceiba Municipality, Puerto Rico. The contract is expected to generate revenues of approximately $122.3 million.

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

SolarMax Technology, Inc. entered into a supply with Navboot Holdco, LLC valued at approximately $258.1 million (effective 2025-12-31).

Action: entry
Agreement: supply
Counterparty: Navboot Holdco, LLC
Value: approximately $258.1 million
Effective: 2025-12-31

Exact text from the filing

Pursuant to an EPC agreement with Navboot Holdco, LLC, a Delaware limited liability company (“Navboot”), SREP is to develop a BESS facility in Corpus Christi, Texas. The contract is expected to generate revenues of approximately $258.1 million.

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

SolarMax Technology, Inc. entered into a supply with Yabucoa BESS LLC valued at approximately $35.9 million (effective 2025-12-31).

Action: entry
Agreement: supply
Counterparty: Yabucoa BESS LLC
Value: approximately $35.9 million
Effective: 2025-12-31

Exact text from the filing

Pursuant to an EPC agreement with Yabucoa BESS LLC, a Texas limited liability company (“Yabucoa”), SREP is to develop a BESS facility in Humacao Municipality, Puerto Rico. The contract is expected to generate revenues of approximately $35.9 million.

View on SEC.gov

281 material agreements filed in the last 30 days. Browse all material agreements →

SolarMax Technology, Inc. filing history →

Source: SEC EDGAR

accession 0001640334-26-000032

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