Amount Raised
$450 Million
Round Type
Debt Financing
OremEnergyNatural ResourcesRenewable EnergySolarInvestors
Description
SunPower (NASDAQ:SPWR), a leading residential solar technology and energy services provider, today announced that it has secured financing commitments of more than $450 million for its residential solar and storage loan program from HASI (NYSE: HASI), a leading investor in climate solutions, and from Crédit Agricole CIB, a pioneer in sustainable finance. The vehicle will acquire loans made to SunPower customers and is non-recourse to SunPower. Through this transaction, SunPower Financial will continue to provide customers with attractive loan options at tenors up to 25 years for their transition to a cleaner and lower-cost future.
Quick answer
SunPower raised $450 Million in a Debt Financing round, dated April 12, 2023. Investors: Sun Power Financial, Crédit Agricole CIB and Hasi. SunPower is based in Orem, Utah, United States.
- How much did SunPower raise?
- SunPower raised $450 Million in a Debt Financing round on April 12, 2023.
- Who invested in SunPower?
- Sun Power Financial, Crédit Agricole CIB and Hasi 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.
- Ascent Solar Technologies raised an undisclosed amount (Debt Financing) on April 25, 2023.
- True Green Capital Management raised an undisclosed amount on April 25, 2023.
- Ascent Solar Technologies raised $9M on April 20, 2023.
- Ryse Energy raised $15M on April 11, 2023.
- 3E Nano raised $4M (Seed) on March 28, 2023.
- Phytonics raised an undisclosed amount (Series A) on March 16, 2023.
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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