Tech Company Financing Transactions

ARRAY Technologies Funding Round

ARRAY Technologies, based in Albuquerque, secured $370 million in funding from Goldman Sachs, HSBC and J.P. Morgan.

Transaction Overview

Company Name
Announced On
2/18/2026
Transaction Type
Venture Equity
Amount
$370,000,000
Round
Undisclosed
Investors

Goldman Sachs (Lead Investor)

HSBC (Lead Investor)

J.P. Morgan (Lead Investor)

PNC Bank (Lead Investor)

Wells Fargo & Co. (Lead Investor)

BNP Paribas

Jefferies

Morgan Stanley Senior Funding

RBC Technology Ventures

Proceeds Purpose
This increased liquidity capacity enhances our ability to manage working capital efficiently, navigate dynamic market conditions, and support our growth initiatives. We appreciate the support of both our existing and new banking partners as we continue to execute.

Company Information

Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
3901 Midway Place NE
Albuquerque, NM 87109
US
Email Address
Overview
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, ARRAY relies on its diversified global supply chain and customer-centric approach to deliver, commission and support solar energy developments around the world, lighting the way to a brighter, smarter future for clean energy. For more news and information on Array, please visit arraytechinc.com.
Profile
ARRAY Technologies LinkedIn Company Profile
Social Media
ARRAY Technologies Company Twitter Account
Company News
ARRAY Technologies News
Facebook
ARRAY Technologies on Facebook
YouTube
ARRAY Technologies on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Kevin Hostetler
  Kevin Hostetler LinkedIn Profile  Kevin Hostetler Twitter Account  Kevin Hostetler News  Kevin Hostetler on Facebook
Chief Financial Officer
Keith Jennings
  Keith Jennings LinkedIn Profile  Keith Jennings Twitter Account  Keith Jennings News  Keith Jennings on Facebook
Chief Operating Officer
Neil Manning
  Neil Manning LinkedIn Profile  Neil Manning Twitter Account  Neil Manning News  Neil Manning on Facebook
Chief Technical Officer
Aaron Gabelnick
  Aaron Gabelnick LinkedIn Profile  Aaron Gabelnick Twitter Account  Aaron Gabelnick News  Aaron Gabelnick on Facebook


 

 

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Prev: 2/18/2026: HeyCharge venture capital transaction
Next: 2/18/2026: Zenyard venture capital transaction

 

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Where The Data Comes From

We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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