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SunPower Corporation (SPWR)

  • Yesterday, 5:29 PM
  • Nov. 10, 2014, 10:08 AM
  • Nov. 4, 2013, 11:37 AM
  • Apr. 9, 2013, 3:57 PM
    It's a busy (and memorable) day for First Solar (FSLR +46.7%): the company has now announced it's acquiring TetraSun, a startup claiming to have developed high-efficiency (21%+) silicon solar cells that can be produced at a cost similar to regular silicon cells. First Solar, which asserts TetraSun's solutions (focused on residential/commercial solar) complement its thin-film solutions (focused on utility-scale solar), plans to begin mass-producing TetraSun-based modules in 2H14. SunPower (SPWR +17.4%) is a major player in the high-efficiency space. (previous)
  • Jan. 3, 2013, 5:22 AM
    Berkshire Hathaway (BRK.A) unit MidAmerican Energy is paying $2-2.5B for two solar projects that it's buying in California from SunPower (SPWR), which is also receiving a three-year contract to build them, and a multi-year deal to operate and maintain them. SunPower closed +9.1% yesterday following news of the deal. The acquisition is Warren Buffett's third major solar PV deal in a year.
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  • Jan. 2, 2013, 8:37 AM
    Berkshire Hathaway (BRK.A, BRK.B) subsidiary MidAmerican Energy agrees to acquire the 579 MW Antelope Valley Solar Projects, two solar power plants in Kern and Los Angeles counties in California, from SunPower (SPWR) for an undisclosed sum. The two combined projects would form the world's largest permitted solar photovoltaic power development.
  • May 9, 2012, 9:41 AM
    Westinghouse Solar (WEST +12.5%) and CBD Energy sign a definitive merger agreement - not a big transaction in itself, but 24/7's Jon Ogg thinks it could trigger more solar mergers. He cites FSLR, SPWR, LDK and WFR among companies that ought to consider stock mergers before it's too late.
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  • Dec. 23, 2011, 8:14 AM
    SunPower (SPWR) acquires Total (TOT) subsidiary Tenesol SA for $165.4M concurrent with a deal under which Total agrees to purchase 18.6M shares of SunPower common stock in a private placement at $8.80/share - marking a 50% premium to yesterday's close. After the sale of Tenesol, Total will own close to 66% of SunPower's common stock. Shares of SPWR +26.2% premarket, TOT +2.5%.
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  • Apr. 29, 2011, 9:37 AM
    Total’s (TOT +0.2%) $1.37B offer for SunPower (SPWRA +36.5%) lifts other solar stocks, responding to the deal’s fat premium and the notion that oil giants may be interested in buying solar companies. FSLR +3.3%, CSIQ +4.5%, LDK +3.8%, JASO +3.9%, TSL +2.9%, ASTI +3.2%, SOLR +2.8%.
  • Apr. 29, 2011, 8:50 AM
    TOTAL S.A.'s (TOT) landmark  $1.37B bid for a majority stake in SunPower (SPWRA) will likely fuel takeover speculation in the sector, but soft guidance from LDK Solar (LDK) earlier this week could put a cap on upside. Demand is still weak, and regulatory concerns remain an issue.
  • Apr. 28, 2011, 4:45 PM
    SunPower (SPWRA) shares resume trading, +43%.
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  • Apr. 28, 2011, 4:16 PM
    TOTAL S.A. (TOT) to buy 60% of SunPower (SPWRA, SPWRB) in a friendly tender offer of $23.25/share, a 46% premium to yesterday's close. Total will also extend SunPower $1B in credit to help solidify its position "in the increasingly competitive solar sector."
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Company Description
SunPower Corp is engaged in designing, manufacturing, installation and ongoing maintenance and monitoring of solar system.