SunPower Secures More Than $300M in Project Financing Commitments for Industry-Leading Residential Solar and Storage Lease Programs
Amount Raised
$300 Million
Round Type
Funding Round
OremEnergyNatural ResourcesRenewable EnergySolarInvestors
Description
SunPower Corp. has secured over $300 million in project financing commitments for its residential solar and storage lease programs, which will be paid upon installation. This builds on the recent capital raise, providing the company with access to more than half a billion dollars in financing.
Quick answer
SunPower raised $300 Million in a Funding Round round, dated February 23, 2024. Investors: Hannon Armstrong Sustainable Infrastructure Capital, Atlas Sp Partners and Apollo Funds. SunPower is based in Orem, Utah, United States.
- How much did SunPower raise?
- SunPower raised $300 Million in a Funding Round round on February 23, 2024.
- Who invested in SunPower?
- Hannon Armstrong Sustainable Infrastructure Capital, Atlas Sp Partners and Apollo Funds 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.
- zolar raised $108M (Funding Round) on April 8, 2024.
- MN8 Energy Holdings raised $325M (Post-IPO Equity) on April 1, 2024.
- Lightyears Solar raised $6M (Funding Round) on March 26, 2024.
- Niko Energy raised $3.3M (Seed) on March 14, 2024.
- Fervo Energy raised $244M (Series D) on March 1, 2024.
- Fervo Energy raised $244M (Series A) on February 29, 2024.
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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Related People
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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