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BRIEF-Sunpower Announces Stalking Horse Asset Purchase Agreement With Complete Solaria To Sell Blue Raven Solar, New Homes, And Its Non-Installing Dealer Network
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BRIEF-Sunpower Announces Stalking Horse Asset Purchase Agreement With Complete Solaria To Sell Blue Raven Solar, New Homes, And Its Non-Installing Dealer Network
Aug 5, 2024 7:20 PM

Aug 5 (Reuters) - SunPower Corp ( SPWR ):

* SUNPOWER ANNOUNCES STALKING HORSE ASSET PURCHASE AGREEMENT

WITH

COMPLETE SOLARIA TO SELL BLUE RAVEN SOLAR, NEW HOMES, AND ITS

NON-INSTALLING DEALER NETWORK

* SUNPOWER CORP ( SPWR )- FILES VOLUNTARY CHAPTER 11 PETITIONS TO

EFFECTUATE PROPOSED TRANSACTION

* SUNPOWER CORP ( SPWR ): SOLARIA WILL ACQUIRE ASSETS AND ASSUME

CERTAIN

RELATED LIABILITIES FOR $45 MILLION IN CASH

* SUNPOWER CORP ( SPWR )- INTENDS TO OPERATE BLUE RAVEN SOLAR AND NEW

HOMES

THROUGH CHAPTER 11 PROCESS

* SUNPOWER CORP ( SPWR ): INTENDS TO CONTINUE A SALE PROCESS FOR ITS

REMAINING ASSETS

* SUNPOWER CORP ( SPWR )- SUNPOWER INTENDS TO CONTINUE A SALE PROCESS

FOR

ITS REMAINING ASSETS

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