SunPower Adds Sunder Energy to Its Mounting Sales Empire

SunPower adds Sunder Energy to its mounting sales empire

A reformulated, longtime top-tier brand, SunPower says its acquisition of a Utah-based residential solar company will expand its sales presence from 22 to 45 states.A restructured, post-bankruptcy SunPower has picked up its first company in its acquisition drive to return to a leading position in the U.S. solar business: Sunder Energy, a 6-year-old, veteran-owned residential solar company. Both companies are based in the Salt Lake City area. Whe…

SunPower acquiring TPO residential solar company Sunder Energy

SunPower is acquiring residential solar competitor Sunder Energy, based in South Jordan, Utah. The transaction is scheduled to close this week. Sunder Energy is expected to end 2025 with 46 MW of solar sales contracts. The cost of the acquisition is $40 million in cash, plus 10 million shares of common stock, subject to SunPower… The post SunPower acquiring TPO residential solar company Sunder Energy appeared first on Solar Power World.