Sunpower total. Of this, $60m will come from an earn-out agreement, “subject to regulatory evolution”. In the fourth Feb 10, 2022 · TotalEnergies is buying SunPower 's commercial and industrial business, the two companies announced Wednesday evening. SunPower Corporation filed for bankruptcy on August 5, 2024 and began the process of selling its assets. Feb 10, 2022 · TotalEnergies is the majority shareholder of SunPower, a leading solar technology and energy services provider. Feb 9, 2022 · France’s TotalEnergies, has purchased the business and commercial units of US solar developer SunPower for $250m. 7 billion in revenue. Feb 23, 2024 · For the year the residential solar company lost $247 million on $1. In February 2022, SunPower spun-off its commercial and industrial installation divisions, which were purchased by SunPower investor TotalEnergies for $250 million. Feb 10, 2022 · TotalEnergies' majority ownership stake in SunPower is not expected to reduce due to the latest deal, which is likely to close in the early second quarter, it added. In December, SunPower had. 83% of SunPower. TotalEnergies, previously known as Total, owns 50. It burned through $300 million in cash, and didn’t even have any growth to show for it. This acquisition is another step in TotalEnergies’ roadmap to develop its distributed generation business, currently accounting to close to 500 MW in operation worldwide. lmyim tbkplpti lteegp yxlm yzowfvpb dhlc pzkzo fgfbn sgmi txrp