TotalEnergies to acquire SunPower’s CIS business in $250m deal
TotalEnergies has agreed to acquire the commercial and industrial solutions (CIS) business of SunPower Corp., a California-based distributed generation storage and energy services provider, for up to $250 million. The consideration includes an earn-out of $60 million, which will be contingent on regulatory evolution. TotalEnergies holds a majority stake of 50.83% in SunPower, which is […]