Kirkland & Ellis advised Array Technologies on the offering.
Array Technologies, Inc., one of the world’s largest providers of of utility-scale solar tracker technology, completed its first convertible bond and capped call transaction. The proceeds of the offering will be used to finance Array’s recently announced cross-border acquisition of Soluciones Técnicas Integrales Norland, S.L, one of Europe’s leading manufacturers of solar trackers. Array currently trades on the Nasdaq under the symbol “ARRY”.
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.
The Kirkland team was led by capital markets partners Michael Rigdon (Picture), Mike Kim and Josh Korff and associates Logan Weissler, Sean Aguirre, Ben Sharp and Andrei Bucur, derivatives partner Jaime Madell, debt finance partner Andy Veit, corporate partner Rhett Van Syoc, and tax partners Mark Dundon and Joe Tobias and associate Courtney Loyack.
Involved fees earner: Sean Aguirre – Kirkland & Ellis; Andrei Bucur – Kirkland & Ellis; Mark Dundon – Kirkland & Ellis; Michael Kim – Kirkland & Ellis; Joshua Korff – Kirkland & Ellis; Courtney Loyack – Kirkland & Ellis; Jaime Madell – Kirkland & Ellis; Michael Rigdon – Kirkland & Ellis; Ben Sharp – Kirkland & Ellis; Joe Tobias – Kirkland & Ellis; Rhett Van Syoc – Kirkland & Ellis; Andy Veit – Kirkland & Ellis; Logan Weissler – Kirkland & Ellis;
Law Firms: Kirkland & Ellis;
Clients: Array Technologies;