Brief: Sunpower Announces Stalking Horse Asset Purchase Agreement With Complete Solaria To Sell Blue Raven Solar, New Homes, And Its Non-Installing Dealer Network

Sunpower

06/08/2024 02:57

Aug 5 (Reuters) - SunPower Corp: 
    * 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- FILES VOLUNTARY CHAPTER 11 PETITIONS TO
EFFECTUATE PROPOSED TRANSACTION
    * SUNPOWER CORP: SOLARIA WILL ACQUIRE ASSETS AND ASSUME
CERTAIN
RELATED LIABILITIES FOR $45 MILLION IN CASH
    * SUNPOWER CORP- INTENDS TO OPERATE BLUE RAVEN SOLAR AND NEW
HOMES
THROUGH CHAPTER 11 PROCESS
    * SUNPOWER CORP: INTENDS TO CONTINUE A SALE PROCESS FOR ITS
REMAINING ASSETS
    * SUNPOWER CORP- SUNPOWER INTENDS TO CONTINUE A SALE PROCESS
FOR
ITS REMAINING ASSETS

Source text for Eikon:  ID:nPn3mD1yja 
Further company coverage:  CSLR.O 

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