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SunPower Inc. Completes $1.19 Billion Private Placement

PRIVATESep 02, 2026

Amount Raised

$1.19 Billion

Round Type

Post-IPO Equity

OremEnergyNatural ResourcesRenewable EnergySolar

Investors

J. Daniel McCranieDevin WhatleyWilliam 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

Quick answer

SunPower raised $1.19 Billion in a Post-IPO Equity round, dated September 4, 2026. Investors: J. Daniel McCranie, Devin Whatley, William Anderson and Thurman John "T.J." Rodgers. SunPower is based in Orem, Utah, United States.

How much did SunPower raise?
SunPower raised $1.19 Billion in a Post-IPO Equity round on September 4, 2026.
Who invested in SunPower?
J. Daniel McCranie, Devin Whatley, William Anderson and Thurman John "T.J." Rodgers are named as investors in this round.
What does SunPower do?
Headquartered in California's Silicon Valley, SunPower (NASDAQ:SPWR) is a leading Distributed Generation Storage and Energy Services provider in North America.
Where is SunPower based and how big is it?
SunPower is based in Orem, Utah, United States. Fundz records about 501 employees.
Who are the decision-makers at SunPower?
Fundz holds 5 contacts at SunPower, including the Chief Legal Officer and General Counsel. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Natural Resources around the same time

Companies in the same sectors as SunPower that raised within 45 days of this round, from Fundz verified event records.

  • 1KOMMA5° raised $78M on October 13, 2026.
  • energyRe raised $815M on October 12, 2026.
  • Outer Spaces raised $8M (Pre-Seed) on October 6, 2026.
  • Orb Energy raised $2M on October 3, 2026.
  • T1 Energy raised $50M (Convertible Note) on October 2, 2026.
  • NOX Energy raised $3.4M (Seed) on September 30, 2026.

Who to call at SunPower, and when

A new round usually means SunPower is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day SunPower raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at SunPower, from your own LinkedIn network

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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

5 contacts
Verified contactsNicolas W., Chief Legal Officer and General Counsel hidden hidden hiddenSee plans and pricing
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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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.