Mergers & AcquisitionsMedium•4 November 2026•
1 min read
Merged Shoals-ARRAY Entity Targets $2.4B Revenue and $100M Synergies by 2027
Key Facts
1The merged Shoals-ARRAY entity projects 2027 revenue between $2.2 billion and $2.4 billion.
2The merger targets $100 million in annual incremental EBITDA synergies by the third year.
The merged entity of Shoals Technologies and Array Technologies projects 2027 revenue to reach between $2.2 billion and $2.4 billion. Seeking Alpha reported that the merger targets $100 million in annual incremental EBITDA synergies by the third year of operations.
These financial outlooks are intended to provide investors with concrete targets for the combined solar infrastructure platform. The announcement follows the merger of the two companies as they seek to scale operations and capitalize on growth within the renewable energy sector.