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Solar power equipment maker Array raises $1 billion in IPO

U.S. solar power equipment company Array Technologies sold shares in its initial public offering (IPO) on Wednesday at $22 apiece, above its target range, to raise $1.05 billion. The IPO values Array, which is backed by U.S. private equity firm Oaktree Capital, at $2.8 billion. The company also had $749.2 million in debt as of […]

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