Array Technologies, Inc. (ARRY) files for IPO.

IPO of Array Technologies, Inc. will take place on October 14, 2020. Array Technologies is one of the world's largest manufacturers of surface mounting systems for solar energy projects. The company’s main product is an integrated system of steel supports, electric motors and electronic controllers called single-axis trackers. Trackers move solar panels throughout the day to maintain an optimal orientation to the sun, which greatly increases energy production.
 
The estimated value of the company after the IPO will be US$2.5 billion. Listed book-runners of the deal are Goldman Sachs, J.P. Morgan, Guggenheim Securities, Morgan Stanley, Credit Suisse, Barclays, UBS Investment Bank, Cowen, Oppenheimer & Co., MUFG and Nomura.