SunPower Acquires SunRay for $277 Million

Earlier this month, San Jose, California-based SunPower announced that it will acquire SunRay Renewable Energy, a leading European solar power plant developer with offices in Europe and the Middle East. SunPower will acquire SunRay from its shareholders, which includes its management and private equity firm Denham Capital, for approximately $277 million, including $235 million in … Read more