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Array Technologies

Albuquerque, New Mexico, United States · Energy, Environmental Services, Natural Resources · 1,021 employees

Array Technologies (NASDAQ: ARRY) is a leading American company and global provider of utility-scale solar tracker technology. Engineered to withstand the harshest conditions on the planet, Array’s high-quality solar trackers and sophisticated software maximize energy production, accelerating the adoption of cost-effective and sustainable energy. Founded and headquartered in the United States, Arr

Funding history

  • Series revolving credit facility — $204.0M — Feb 2026

Recent signals

  • Feb 18, 2026: Raised $204.0M in Series revolving credit facility
  • Feb 18, 2026: SEC 8-K (1.01): On February 18, 2026, Array Tech, Inc. (formerly Array Technologies, Inc.) entered into Amendment No. 5 to its Credit Agreement, significantly altering its borrowing capacity and terms. This amendment increases the revolving credit facility commitments from $166 million to $370 million and extends the maturity date from October 14, 2028, to February 18, 2031. Key parties involved include Goldman Sachs Bank USA as the administrative and collateral agent, along with other lenders. This financial maneuver reflects a strategic move to bolster liquidity and potentially fund growth initiatives. The Fifth Amendment's modifications are critical for the company's operational plans and financial health.
  • Aug 14, 2025: Acquired ARRAY Technologies acquires APA Solar
  • Dec 04, 2024: Launched ARRAY Technologies and RP Construction Services Celebrate Deployment of Over 6GW in Solar Power Projects.
  • Nov 18, 2024: ARRAY Technologies Appoints Leonardo Serpa as General Manager, EMEA and Héctor Sánchez as VP of Sales, EMEA
  • Oct 27, 2024: Garrett Development Corp. Partnership Keeps Array Technologies in ABQ
  • Jun 05, 2024: Array Technologies Appoints Neil Manning as President and Chief Operating Officer
  • Dec 06, 2023: Array Technologies Appoints Solar Industry Veteran Jessica Lawrence-Vaca as Senior Vice President, Policy and External Affairs

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