Why Orbital Energy Group's Shares Popped 37.1% Today

Why Orbital Energy Group's Shares Popped 37.1% Today

Shares of Orbital Energy Group (NASDAQ: OEG) jumped as much as 37.1% in trading Tuesday after the company announced a new partnership. Orbital announced an engineering, procurement, and construction (EPC) agreement with the newly formed Black Sunrise Half Century Fund. This is a sizable agreement considering the Black Sunrise Fund expects to build over 1 gigawatt of solar power plants with its initial investment of $725 million.