ALBUQUERQUE, N.M., Feb. 18, 2026 (GLOBE NEWSWIRE) -- ARRAY Technologies, Inc. (NASDAQ:ARRY) ("ARRAY" or the "Company"), a leading global provider of solar tracking technology and fixed-tilt products, foundation solutions, software systems and services, announced that on February 18, 2026, it has successfully upsized and extended its existing revolving credit facility from $166 million to $370 million. The amended facility extends the maturity of the revolving credit facility by over two years, from October 14, 2028 to February 18, 2031. The amended facility includes up to $250 million available for the issuances of letters of credit. Goldman Sachs Bank USA acted as Lead Arranger and is Administrative Agent for the facility.

Additional banks participating in the amended facility include Joint Lead Arrangers J.P. Morgan, Wells Fargo Securities, LLC., PNC Capital Markets, LLC., and HSBC Bank USA, as well as participating lenders Royal Bank of Canada, BNP Paribas, Morgan Stanley Senior Funding, Inc., and Jefferies.

The amended facility enhances the Company's liquidity profile and provides additional flexibility to support operational execution, working capital needs, and global growth initiatives. The increased commitment also aligns with Array's continued momentum in strengthening its balance sheet and optimizing its capital structure.  

H. Keith Jennings, Chief Financial Officer of ARRAY Technologies, added:

"Strengthening our capital structure and improving our funding access were core priorities for ARRAY, and ...