SunPower to Acquire Ambia Solar in $37.5 Million Deal

Reuters

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SunPower to Acquire Ambia Solar in $37.5 Million Deal

SunPower has agreed to acquire Ambia Solar, a Utah-based solar company ranked No. 19 in the U.S. by installed megawatts, for $37.5 million in equity. The transaction is set to close in the fourth quarter of 2025, with Ambia expected to add $83.6 million in annual revenue beginning in the first quarter of 2026. Following the acquisition, Ambia will be integrated into SunPower's Blue Raven division, with Ambia's founding CEO, Conner Ruggio, leading the merged operation. Ambia's COO, Spencer Jensen, will oversee all combined operations, aiming to improve efficiency and customer satisfaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sunpower Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9573121-en) on November 11, 2025, and is solely responsible for the information contained therein.

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The transaction is set to close in the fourth quarter of 2025, with Ambia expected to add $83.6 million in annual revenue beginning in the first quarter of 2026. Following the acquisition, Ambia will be integrated into SunPower's Blue <a href=\"https://laohu8.com/S/RAVN\">Raven</a> division, with Ambia's founding CEO, Conner Ruggio, leading the merged operation. Ambia's COO, Spencer Jensen, will oversee all combined operations, aiming to improve efficiency and customer satisfaction.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. <a href=\"https://laohu8.com/S/SPWR\">Sunpower Inc.</a> published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9573121-en) on November 11, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NDAQ","symbol_name":"纳斯达克OMX交易所","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251111:nNDLb4YkXw:1","article_id":"2582369770","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2582369770","pubTimestamp":1762866031,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"SunPower has agreed to acquire Ambia Solar, a Utah-based solar company ranked No. 19 in the U.S. by installed megawatts, for $37.5 million in equity. 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