SunPower Acquires Blue Raven Solar
October 21, 2024
SunPower Corporation acquired Blue Raven Solar in a cash transaction of up to $165 million to accelerate its residential solar business and expand its geographic footprint into underpenetrated U.S. regions. Blue Raven’s CEO Ben Peterson will join SunPower’s executive team as SunPower combines its products and digital tools with Blue Raven’s direct-to-consumer sales and installation capabilities to grow residential solar and related financing products.
- Buyers
- SunPower Corporation
- Targets
- Blue Raven Solar
- Industry
- Renewable Energy
- Location
- Utah, United States
- Transaction Type
- Buyout
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