SunPower Signs LOI to Acquire Ambia Solar

SunPower to acquire Ambia Solar to reinforce US residential market

SunPower says its planned Ambia Solar acquisition will strengthen its US residential business and operational efficiency ahead of the 2026 investment tax credit step-down.From pv magazine USA SunPower, a distributed solar technology, services, and installation company, has agreed to acquire Ambia Solar in an equity transaction valued at $37.5 million. The transaction, executed via a non-binding letter of intent, is scheduled to close this quarte…

SunPower to acquire Ambia Solar, bolstering residential market share ahead of tax credit shift

SunPower's strategic move strengthens its residential solar position by integrating Ambia's management and operations ahead of expected 2026 market changes.SunPower, a distributed solar technology, services, and installation company, has agreed to acquire Ambia Solar in an equity transaction valued at $37.5 million. The transaction, executed via a non-binding Letter of Intent, is scheduled to close this quarter. Ambia Solar is the 19th largest U…

'New' SunPower continues acquisition spree, now with Ambia Solar

SunPower has agreed to acquire Ambia Solar, a solar installation company based in Lindon, Utah. SunPower will purchase Ambia for $37.5 in equity. The transaction is expected to close before the end of the year. According to Ohm Analytics, Ambia is one of the Top 20 solar installers in the country based on megawatts installed. Based… The post ‘New’ SunPower continues acquisition spree, now with Ambia Solar appeared first on Solar Power World.

SunPower Signs LOI to Acquire Ambia Solar

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