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SunPower Inc. Completes $1.19 Billion Private Placement

PUBLIC · SPWRSep 02, 2026•6 days ago

Amount Raised

$1.19 Billion

Round Type

Post-IPO Equity

RichmondEnergyNatural ResourcesSoftwareRenewable EnergySolar

Investors

Devin WhatleyJ. Daniel Mc CranieWilliam AndersonThurman John "T.J." Rodgers

Description

On September 2, 2026, SunPower Inc. entered into securities purchase agreements with various accredited investors. The agreement involved the issuance of 103,109,005 shares of the company's common stock. This private placement aims to bolster SunPower's funding for future projects

Company Information

Company

SunPower

Location

Richmond, Virginia, 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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