SunPower Is Set To Buy SunRay Renewable Energy For $277M
SunPower Corp. announced that it has signed a definitive agreement to acquire SunRay Renewable Energy, European solar power plant developer with offices in Europe and the Middle East, including a principal project office in Rome. SunPower will acquire SunRay from its shareholders, which includes its management and Denham Capital. Upon closing the transaction, SunPower will acquire a project pipeline of solar photovoltaic projects totaling more than 1,200 megawatts (MW)... Read More
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