Funding and M&A Roundup: Residential Solar Company SunPower Acquires Ambia Solar

Eos Energy closes $600 million convertible senior notes

December 3, 2025

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SunPower, a solar technology, services, and installation company, completed the acquisition of Ambia Solar, a solar panel installation company based in Lindon, Utah. Both companies previously signed a non-binding letter of intent on November 11 for $37.5 million in equity, and the transaction was closed subject to customary closing conditions.

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