The deal values APA at around US$179 million. Image: Array Technologies. US solar tracker manufacturer Array Technologies has acquired APA Solar, a producer of foundations and fixed-tilt racking for ...

Array Technologies has entered into an agreement to acquire Ohio-based solar racking company APA Solar in a deal valued at $179 million, excluding 45X tax credits. Following the acquisition’s closing, ...

Array Technologies has released DuraTrack Hail XP, a ground-mount solar tracker designed to withstand extreme hail and wind events. The tracker tilts solar panels up to 77 degrees to avoid direct hail ...

ALBUQUERQUE, N.M., Aug. 14, 2025 (GLOBE NEWSWIRE) -- ARRAY Technologies (ARRY) (“ARRAY” or the “Company”), a leading global provider of solar tracking technology products, software, and services for ...

ARRAY Technologies to acquire APA Solar for $179 million, enhancing U.S. manufacturing and product offerings in solar foundations. ARRAY Technologies has announced an agreement to acquire APA Solar, a ...

ALBUQUERQUE, N.M., May 05, 2025 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ: ARRY) (“ARRAY” or the “Company”), a leading global provider of solar tracking technology products, software and services ...

The DuraTrack Hail XP tracker allows modules to be stowed at an incline of 77 degrees. Image: Array Technologies. US solar tracker manufacturer Array Technologies has unveiled its latest tracker, ...

Array to acquire APA Solar for $179M, expanding tracker-foundation solutions. Deal expected to lift adjusted EPS in year one, pre-synergies. The next correction is closer than you think. Find out how ...

ALBUQUERQUE, N.M., May 06, 2024 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ: ARRY), a leading provider of solar tracking solutions, confirmed in a new study that its safe, passive wind stow ...

Transaction enterprise value of approximately $179 million represents a multiple of 7.6x APA’s trailing 12 months EBITDA excluding 45X credits Expected to be high-single-digit percentage accretive to ...