SunPower Closes Cobalt Power Systems Acquisition
February 3, 2026
SunPower has closed its $12 million all-equity strategic acquisition of Cobalt Power Systems. Cobalt will remain a standalone subsidiary while continuing to execute premium renewable energy solar projects for residential, new home, multifamily, and commercial customers, including in key California markets.
- Buyers
- SunPower Inc.
- Targets
- Cobalt Power Systems
- Industry
- Energy
- Location
- California, United States
- Transaction Type
- Buyout
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