ARRAY Technologies and Shoals Agree $1.32 Billion Solar Equipment Merger

ARRAY Technologies and Shoals Technologies Group agreed to a $1.32 billion all-stock merger on 4 November, bringing together two companies operating in the U.S. solar equipment market. The transaction highlights opportunities for solar component suppliers, renewable-energy developers and sustainability consultants. HPC can support supplier sourcing, partnership development and renewable-energy project research.

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