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SunPower Acquires Residential Solar Company Blue Raven for $165 Million

The acquisition will allow SunPower to provided distributed energy services to customers in the Northwest and Mid-Atlantic regions

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Distributed generation storage and energy services provider SunPower has acquired residential solar provider Blue Raven Solar. The acquisition was made for a cash consideration of up to $165 million. The acquisition will allow SunPower to serve more customers in underpenetrated areas, including the Northwest and Mid-Atlantic regions.

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