TotalEnergies to Acquire SunPower’s Commercial & Industrial Solar Solutions (CIS) Business
February 10, 2022
TotalEnergies has signed a definitive agreement to purchase SunPower’s Commercial & Industrial Solutions (CIS) business for $250 million, including a $60 million earn-out subject to regulatory developments. The deal is expected to close in early Q2, while SunPower will refocus on its high-growth residential solar services.
- Buyers
- TotalEnergies
- Targets
- SunPower Corp.'s Commercial & Industrial Solutions (CIS) business
- Sellers
- SunPower Corp.
- Industry
- Energy
- Location
- California, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
SunPower Closes Cobalt Power Systems Acquisition
February 3, 2026
Energy
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.
-
Carey International Group Acquires CSM Solar Panel Manufacturing Business
December 16, 2024
Manufacturing
Carey International Group (CIG) acquired CSM, a solar panel manufacturing business, after raising new equity in May 2024 that funded the purchase. The acquisition is part of CIG's broader strategy to build a US-based solar manufacturing capability to support its utility-scale and renewables pipeline.
-
The AES Corporation Acquires Community Energy Solar, LLC
December 20, 2021
Renewable Energy
The AES Corporation announced the acquisition of US solar developer Community Energy Solar, LLC, adding the developer's ~10 GW project pipeline and experienced development team to AES's renewables platform. The deal expands AES's US renewables development capability and bolsters its pipeline and workforce as the company pursues further growth in utility-scale solar and storage.
-
TotalEnergies Acquires VSB Group, SN Power and Big Sky Solar
April 2, 2025
Energy
TotalEnergies has closed three international renewables acquisitions, buying European wind and solar developer VSB Group, hydropower developer SN Power and the Big Sky Solar project in Alberta. The deals expand TotalEnergies' integrated electricity portfolio across Germany, Africa and Canada, adding operating capacity and a large development pipeline to its renewables business.
-
TotalEnergies Acquires Core Solar LLC
April 27, 2022
Renewable Energy
TotalEnergies has acquired Austin-based Core Solar, LLC, adding more than 4 GW of utility-scale solar and energy storage projects across multiple U.S. states to its U.S. renewables portfolio. Core Solar’s CEO Greg Nelson and his employees will join TotalEnergies as the acquisition strengthens TotalEnergies’ U.S. pipeline and advances its renewable capacity goals.
-
Aggreko Energy Transition Solutions Acquires Infiniti Energy
July 8, 2024
Renewable Energy
Aggreko Energy Transition Solutions (ETS), a division of Aggreko, has acquired Infiniti Energy, a U.S.-based commercial and industrial solar developer and IPP, from Upper Bay Infrastructure Partners. The deal adds 12 MW of contracted operating solar assets, 22 MW of construction-ready projects and an additional pipeline to Aggreko ETS, strengthening its distributed solar EPC capabilities and East Coast presence.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.