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  6. Nextracker Acquires Origami Solar

M&A Deal Summary

Nextracker Acquires Origami Solar

On September 8, 2025, Nextracker acquired renewable energy company Origami Solar for 53M USD

Acquisition Highlights
  • This is Nextracker’s 2nd transaction in the Renewable Energy sector.
  • This is Nextracker’s 2nd largest (disclosed) transaction.
  • This is Nextracker’s 4th transaction in the United States.
  • This is Nextracker’s 1st transaction in Oregon.

M&A Deal Summary
Date 2025-09-08
Target Origami Solar
Sector Renewable Energy
Buyer(s) Nextracker
Deal Type Add-on Acquisition
Deal Value 53M USD

Target

Origami Solar

Bend, Oregon, United States
Origami Solar is a developer of an innovative steel solar panel frame that is transforming the solar industry with a transparent, domestic recycled steel supply base, precise high-speed production, increased strength and performance, and dramatically lower greenhouse gas emissions. Origami Solar is based in Bend, Oregon.

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Buyer(S) 1

Buyer

Nextracker

Fremont, California, United States
Category Company
Founded 2013
Sector Renewable Energy
Revenue 2.5B USD (2024)
DESCRIPTION

Nextracker is a provider of intelligent, integrated solar tracker and software solutions used in utility-scale and distributed generation solar power plants around the world. Its products enable solar panels in utility-scale power plants to follow the sun’s movement across the sky and optimize plant performance. Nextracker was formed in 2013 and is based in Fremont, California.

DEAL STATS #
Overall 4 of 4
Sector: Renewable Energy M&A 2 of 2
Type: Add-on Acquisition M&A Deals 4 of 4
State: Oregon M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2025 M&A 2 of 2
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-07-29 OnSight Technology

United States

OnSight Technology is an autonomous robotic inspection and fire detection system for solar power plants. OnSight’s AI-driven tools enable predictive maintenance by identifying and forecasting common mechanical and electrical failures, helping asset owners reduce operational risk, improve uptime, and manage site health proactively.

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