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Announced

Completed

SunPower completed the acquisition of Blue Raven Solar for $165m.

Financials

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Transaction Value£121m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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residential solar provider

Private

Domestic

United States

Single Bidder

Completed

Renewable Energy Equipment

Majority

Friendly

Acquisition

Synopsis

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SunPower, a solar technology and energy services provider, completed the acquisition of Blue Raven Solar, a residential solar provider in US, for $165m. "SunPower and Blue Raven share a vision of powering the world with affordable, resilient, sustainable energy. This acquisition will enable us to bring the most powerful and efficient solar technology available to a new set of homeowners and accelerate our growth strategy," Peter Faricy, SunPower CEO.

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