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SunPower Secures More Than $300M in Project Financing Commitments for Industry-Leading Residential Solar and Storage Lease Programs

PUBLIC · SPWRFeb 23, 2024

Amount Raised

$300 Million

Round Type

Funding Round

OremEnergyNatural ResourcesSoftwareRenewable EnergySolar

Investors

Hannon Armstrong Sustainable Infrastructure CapitalAtlas Sp PartnersApollo Funds

Description

SunPower Corp. has secured over $300 million in project financing commitments for its residential solar and storage lease programs, which will be paid upon installation. This builds on the recent capital raise, providing the company with access to more than half a billion dollars in financing.

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Company Information

Company

SunPower

Location

Orem, Utah, United States

About

Headquartered in California's Silicon Valley, SunPower (NASDAQ:SPWR) is a leading Distributed Generation Storage and Energy Services provider in North America. SunPower offers the only solar + storage solution designed and warranted by one company that gives customers control over electricity consumption and resiliency during power outages while providing cost savings to homeowners, businesses, governments, schools and utilities. For more information, visit www.sunpower.com.

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Related People

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Verified contactsNicolas W., Chief Legal Officer and General Counsel hidden hidden hiddenSee plans and pricing
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ML-powered predictions for SunPower's next move

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SunPower raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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