Enphase Energy Completes Acquisition of SunPower’s Microinverter Business
PETALUMA, Calif. and SAN JOSE, Calif.: Enphase Energy, Inc. (NASDAQ:ENPH), and SunPower Corp. (NASDAQ:SPWR), today announced that Enphase has completed the previously announced acquisition of SunPower’s microinverter business for a total of $25 million in cash and 7.5 million shares of Enphase common stock. Key anticipated benefits and highlights of the acquisition include: Advances AC Modules (ACM) as the future of residential solar […]