Pioneer Power Solutions, headquartered in Fort Lee, New Jersey, designs electrical equipment for utility, industrial, and commercial markets, employing 99 staff since its IPO on September 19, 2013. It operates in two segments: Transmission & Distribution Solutions and Critical Power Solutions, offering products like e-Bloc and mobile E-BOOST EV chargers.
PPSI has been in the news recently: Pioneer Realty Capital successfully secured $19.58 million in bond refinancing for a student housing project located at 625 at Prairie View, which is intended to improve accommodations near Prairie View A&M University. This financial move supports the company's commitment to enhancing real estate solutions in the education sector.
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