M&A Deal Summary

SunPower Acquires Sunder Energy

On September 22, 2025, SunPower acquired renewable energy company Sunder Energy for 40M USD

Acquisition Highlights
  • This is SunPower’s 7th transaction in the Renewable Energy sector.
  • This is SunPower’s 3rd largest (disclosed) transaction.
  • This is SunPower’s 7th transaction in the United States.
  • This is SunPower’s 2nd transaction in Utah.

M&A Deal Summary

Date 2025-09-22
Target Sunder Energy
Sector Renewable Energy
Buyer(s) SunPower
Deal Type Add-on Acquisition
Deal Value 40M USD

Target

Sunder Energy

South Jordan, Utah, United States
Sunder Energy is an independent solar sales company, committed to giving people the power to change the future. Sunder helps homeowners take control of their energy bills, produce their own clean power, and break free from traditional utility models in America. Sunder Energy is headquartered in South Jordan, Utah.

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Buyer(S) 1

Buyer

SunPower

Fremont, California, United States

Category Company
Sector Renewable Energy
Employees600
Revenue 109M USD (2024)
DESCRIPTION
SunPower's corporate headquarters in San Jose, California.
SunPower's corporate headquarters in San Jose, California.

SunPower is a vertically integrated solar products and services company that designs, manufactures and markets high-performance solar electric power technologies. SunPower is based in Fremont, California.


DEAL STATS #
Overall 7 of 7
Sector: Renewable Energy M&A 7 of 7
Type: Add-on Acquisition M&A Deals 5 of 5
State: Utah M&A 2 of 2
Country: United States M&A 7 of 7
Year: 2025 M&A 1 of 1
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-10 SunPower - Commercial & Industrial Solutions

San Jose, California, United States

SunPower's Commercial & Industrial Solutions is a provider of renewable energy services for commercial sectors.

Sell $250M