M&A Deal Summary |
|
|---|---|
| Date | 2025-06-18 |
| Target | APA Solar |
| Sector | Renewable Energy |
| Buyer(s) | Array Technologies |
| Deal Type | Add-on Acquisition |
| Deal Value | 179M USD |
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| Category | Company |
|---|---|
| Founded | 1989 |
| Sector | Renewable Energy |
| Employees | 1,021 |
| Revenue | 916M USD (2024) |
Array Technologies is a manufacturer of smart, cost-effective, reliable, and robust solar tracking systems for utilities, corporations, small businesses, and homeowners. Array Technologies was incorporated in 1989 and is based in Albuquerque, New Mexico.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Renewable Energy M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 2 of 2 |
| State: Ohio M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2025 M&A | 1 of 1 |
| Size (of disclosed) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-11 |
STI Norland
Pamplona, Spain STI Norland engages in designing, manufacturing, and supplying solar trackers and fixed structures for the vast size of solar photovoltaic plants. STI Norland exports its products worldwide, has subsidiaries in the United States, Israel, India, Mexico, Chile, and South Africa, and sells a large part of its goods outside Spain. STI Norland was founded in 1996 and is based in Pamplona, Spain. |
Buy | €351M |
