Array Technologies, which manufactures ground-mounting systems used in solar energy projects, filed on Tuesday with the SEC for current shareholders to sell up to $100 million in an initial public offering.
The Albuquerque, NM-based company was founded in 1989 and booked $975 million in sales for the 12 months ended June 30, 2020. It plans to list on the Nasdaq under the symbol ARRY. Goldman Sachs, J.P. Morgan, Guggenheim Securities, Morgan Stanley, Credit Suisse, Barclays and UBS Investment Bank are the joint bookrunners on the deal. No pricing terms were disclosed.
