SunPower (NASDAQ:SPWR), a leading residential solar technology and energy services provider, today announced that it has secured financing commitments of more than $450 million for its residential solar and storage loan program from HASI (NYSE: HASI), a leading investor in climate solutions, and from Crédit Agricole CIB, a pioneer in sustainable finance. The vehicle will acquire loans made to SunPower customers and is non-recourse to SunPower. Through this transaction, SunPower Financial will continue to provide customers with attractive loan options at tenors up to 25 years for their transition to a cleaner and lower-cost future.
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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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