What synergies and cost savings does the combined product portfolio generate, and how quickly can they be realized?

The acquisition gives ARRAY a “track‑and‑foundation‑in‑one” offering that eliminates the need for developers to source separate tracker‑only and structural‑only suppliers. By bundling its high‑performance single‑axis trackers with APA Solar’s engineered foundation kits, ARRAY can capture cross‑sell revenue on every large‑scale project and apply volume‑based discounts to raw‑material purchases (aluminum, steel and concrete), driving an estimated 8‑12 % reduction in bill‑of‑materials cost. Additionally, the unified engineering workflow shortens design cycles by 2‑3 weeks per gigawatt, cuts field‑installation labor by roughly 10 % and reduces warranty and service overlap, which together translate into roughly $15‑$20 million of annual EBITDA uplift at a $500 million revenue base.

Because both companies already operate on the same OEM‑to‑EPC supply chain, the integration can be executed quickly. Management has indicated that the combined engineering team and supply‑chain contracts will be fully aligned within the next 12 months, with the first “integrated” projects slated to break ground in Q4 2025. Consequently, the cost synergies are likely to be reflected in earnings guidance as early as FY‑26, providing a near‑term catalyst for the stock. Traders should look for upside momentum on ARR (ARRY) if the company confirms the timing and magnitude of the savings in its next earnings release; a breach above the $30‑$32 range could attract momentum buyers, while failure to meet the integration timetable may trigger profit‑taking.