SunPower (NASDAQ:SPWR), a leading residential solar technology and energy services provider, and KKR (NYSE: KKR), a leading global investment firm, today announced that they have signed a definitive agreement under which credit funds and accounts managed by KKR will commit to purchasing $550 million of solar energy loans made to SunPower customers. This transaction, which is subject to customary post-closing conditions, will support SunPower Financial's continued ability to offer attractive loan options to its customers.
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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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