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Valley Electric Received Three Separate Awards for Excellence in Engineering, Design and Sustainability

1. Valley Electric received three awards for Engineering, Design, and Sustainability. 2. Valley Electric is part of Prospect Capital Corporation (PSEC). 3. PSEC manages a portfolio with $7.2 billion in assets. 4. Valley Electric offers comprehensive contracting services across multiple states. 5. Projects range from $5,000 to over $200 million.

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Why Bullish?

Recognition of Valley Electric enhances PSEC's reputation, likely improving investor confidence. Historical examples show that awards can lead to stock appreciation for portfolio companies.

How important is it?

The article highlights PSEC's portfolio company achievements, which can attract investor interest and possibly increase stock demand.

Why Long Term?

Sustained awards boost credibility; potential future contracts may positively influence earnings and valuations over time.

Related Companies

PSECVALLEY
EVERETT, Wash., March 10, 2025 (GLOBE NEWSWIRE) -- Within the first two months of 2025, Valley Electric has been honored to receive three separate awards for excellence in Engineering, Design and Sustainability.  Valley Electric is a portfolio company of Prospect Capital Corporation (NASDAQ: PSEC), a publicly traded business development company with $7.2 billion of total assets as of December 31, 2024. About Valley Electric Founded in 1982, Valley Electric is a provider of specialty electrical services across the states of Washington, California, Oregon, Idaho, and Nevada. The Everett, Washington headquartered company offers a comprehensive array of contracting services, primarily for commercial, industrial, mission critical, and transportation infrastructure applications, including new installation, engineering and design, design-build, and traffic lighting and signalization. Valley’s projects range from $5,000 same-day projects to $200+ million projects that are completed over 5+ years. For further information, contact: Jeret Garcia – CEO jeretg@velectric.com Photos accompanying this announcement are available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a01739a2-c2a7-4722-b667-47dc5b5ba81e https://www.globenewswire.com/NewsRoom/AttachmentNg/698b14c1-fbd5-4ada-9a3b-8153eb7d10f0 https://www.globenewswire.com/NewsRoom/AttachmentNg/cb8c519d-564e-4623-8ac3-f80dc181afe4

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