TotalEnergies buys SunPower’s commercial installation business
TotalEnergies announced it has signed a definitive agreement with SunPower to purchase its Commercial & Industrial Solutions (CIS) business for $250 million, including $60 million of earn-out, subject to regulatory evolution. TotalEnergies is the majority shareholder of SunPower. “With this acquisition, TotalEnergies is further investing to grow its distributed generation activity in the U.S. and …
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