Amount Raised
$550 Million
Round Type
Debt Financing
OremEnergyNatural ResourcesRenewable EnergySolarInvestors
Description
SunPower (NASDAQ:SPWR), a leading residential solar technology and energy services provider, and KKR (NYSE: KKR), a leading global investment firm, today announced that they have signed a definitive agreement under which credit funds and accounts managed by KKR will commit to purchasing $550 million of solar energy loans made to SunPower customers. This transaction, which is subject to customary post-closing conditions, will support SunPower Financial's continued ability to offer attractive loan options to its customers.
Quick answer
SunPower raised $550 Million in a Debt Financing round, dated May 3, 2023. Investors: Sun Power Financial and KKR. SunPower is based in Orem, Utah, United States.
- How much did SunPower raise?
- SunPower raised $550 Million in a Debt Financing round on May 3, 2023.
- Who invested in SunPower?
- Sun Power Financial and KKR 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.
- CubicPV raised an undisclosed amount on June 13, 2023.
- Nexus Renewables raised an undisclosed amount (Funding Round) on June 12, 2023.
- CubicPV raised $33M on June 7, 2023.
- 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.
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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