SunPower secures $550 million loan purchase commitment
- Admin
- Apr 26, 2024
- 1 min read
SunPower, a residential solar and energy services provider, secured a $550 million loan purchase commitment from KKR & Co. Credit funds for solar loans. Various loan programs offer customers 25-year terms for predictable electricity costs. SunPower's loan business saw significant growth. The company aims to increase solar benefits for homeowners. They also partnered with OhmConnect for virtual power plant programs and introduced new batteries for energy storage. SunPower's partnership with IKEA provides solar packages to customers. SunPower's holistic energy management system, SunPower One, aims to optimize energy usage.
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