Sunpower announces stalking horse asset purchase agreement with complete solaria to sell blue raven solar, new homes, and its non-installing dealer network

Files voluntary chapter 11 petitions to effectuate the proposed transaction intends to operate blue raven solar and new homes through the chapter 11 process pursues value-maximizing sale transactions for remaining assets richmond, calif. , aug. 5, 2024 /prnewswire/ -- sunpower corp. (nasdaq:spwr), (the "company" or "sunpower"), a leading residential solar technology and energy services provider, today announced it has entered into an asset purchase agreement (the "apa") with complete solaria, inc. (nasdaq:cslr) ("complete solaria") to serve as the stalking horse buyer for the assets associated with sunpower's blue raven solar business, new homes business, and non-installing dealer network (the "assets").
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