SunPower to Acquire Cobalt Power Systems in All-Equity Deal
ByAinvest
Friday, Jan 16, 2026 8:39 am ET1min read
SPWR--
SunPower has signed a letter of intent to acquire Cobalt Power Systems, a California-based solar design and installation company with $35 million in annual revenue. The acquisition will bring SunPower new technology and technology-savvy customers. Cobalt has designed and installed solar systems for Silicon Valley moguls and is the first SunPower Elite Dealer in the U.S. SunPower plans to operate Cobalt as a standalone subsidiary.
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