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Announced

Completed

SunPower completed the acquisition of SolarWorld Americas.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Completed

photovoltaic modules

Private

United States

Renewable Energy Equipment

Majority

Friendly

Single Bidder

Synopsis

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SunPower, an American energy company that designs and manufactures crystalline silicon photovoltaic cells and solar panels, completed the acquisition of SolarWorld Americas, a solar energy equipment supplier in Hillsboro, Oregon. Financial terms were not disclosed. "This acquisition is an important step in helping to reshape solar manufacturing in America. With a dedicated and experienced Hillsboro workforce and our advanced P-Series solar panel manufacturing technology, invented and perfected in Silicon Valley, we'll be able to sell high-performance American-assembled panels to serve our strong U.S. market demand," Tom Werner, SunPower CEO and chairman.

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