- SunPower (formerly Complete Solaria, Inc.) announced its agreement to acquire Sunder Energy, the **No. 11 U.S. solar company** by installed megawatts, with the transaction expected to close the week of **September 22, 2025**.  **[1838987_0001213900-25-089842_ea025817301ex99-1_complete.htm:0]** 
- The acquisition is valued at **$40 million in cash plus 10 million shares of common stock**, subject to SunPower stockholder approval.  **[1838987_0001213900-25-089842_ea025817301ex99-1_complete.htm:0]** 
- Sunder Energy is forecasting **$74 million in 2025 revenue** from 46 megawatts of solar sales contracts.  **[1838987_0001213900-25-089842_ea025817301ex99-1_complete.htm:0]** 
- SunPower expects the acquisition to add approximately **$74 million to sales revenue starting in Q4 2025** and **$86.5 million in EPC sales ramping up over the next 12 months**.  **[1838987_0001213900-25-089842_ea025817301ex99-1_complete.htm:0]** 
- The merger is projected to **double SunPower's sales presence from 22 to 45 states** and **increase its 1099 salesforce headcount from 841 to 1,734**.  **[1838987_0001213900-25-089842_ea025817301ex99-1_complete.htm:1]**

Complete Solaria (SPWR)