Announced
Completed
Financials
Tags
Acquisition
Completed
photovoltaic modules
Private
United States
Renewable Energy Equipment
Majority
Friendly
Single Bidder
Synopsis
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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