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SunPower Signs LOI to Acquire Ambia Solar for $37.5 Million
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SunPower Signs LOI to Acquire Ambia Solar for $37.5 Million
Nov 11, 2025 6:32 AM

08:59 AM EST, 11/11/2025 (MT Newswires) -- SunPower (SPWR) said Tuesday it signed a non-binding letter of intent to acquire Ambia Solar for $37.5 million in equity.

Ambia Solar will merge into SunPower's Blue Raven division after the deal closes in Q4 2025, the company said.

SunPower said the acquisition will add revenue from Q1 2026.

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