SunPower Enters Letter of Intent to Purchase Ambia Solar
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 11 2025
0mins
Acquisition Announcement: SunPower has agreed to acquire Ambia Solar for $37.5 million in equity, with the transaction expected to close this quarter pending customary conditions.
Company Rankings: Ambia Solar is ranked as the 19th largest solar company in the U.S. by installed megawatts, according to Ohm Analytics.
Get Free Real-Time Notifications for Any Stock
Monitor tickers like SPWR with instant alerts to capture every critical market movement.
Sign up for free to build your custom watchlist and receive professional-grade stock notifications.
Analyst Views on SPWR
About SPWR
SunPower Inc. is a solar installation and service company. The Company is a residential solar services provider in North America. Its digital platform and installation services support energy needs for customers who want to make the transition to an energy-efficient lifestyle. The Company's segment includes Residential Solar Installation and New Homes Business. The Residential Solar Installation segment performs solar system, storage and battery installations for residential homeowners. The New Homes Business segment performs solar system installations for new home builders. Its energy solutions include solar panels and solar battery storage.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
SunPower Inc. (SPWR) Reports Record Q4 2025 Revenue of $88.5 Million Driven by Acquisitions
- Record Revenue: SunPower achieved a record revenue of $88.5 million in Q4 2025, up 26.4% from $70 million in the previous quarter, demonstrating strong market performance following the acquisitions of Sunder and Ambia, which further solidified its leadership in the solar industry.
- Operating Income Growth: The company reported operating income of $3.545 million, a 77.25% increase from $2 million last quarter, indicating a significant enhancement in profitability post-integration of new businesses, with a future target of achieving 10% operating income.
- Strong Cash Flow: SunPower ended the quarter with a cash balance of $9.3 million, an increase of $4.3 million from the previous quarter, and has expanded its equity line of credit to $55 million to ensure sufficient liquidity amid market uncertainties.
- Optimistic Outlook: Management expects Q1 2026 revenue to reach $84 million, and despite facing ITC uncertainties, it is projected to be the company's second-best quarter ever, reflecting confidence in future growth.
Continue Reading
SunPower (SPWR) Signs Intent for All-Equity Acquisition of Cobalt Power Systems with $35M Revenue
- Acquisition Intent: SunPower has signed a letter of intent to acquire Cobalt Power Systems, a California-based solar design and installation company with approximately $35 million in annual revenue, aiming to enhance its technological capabilities and customer base.
- Technological Edge: Cobalt is renowned for designing and installing 100-panel (45,000 watts) solar systems for Silicon Valley moguls, which is expected to bring advanced technology and tech-savvy customers to SunPower, driving future growth in the solar market.
- Project Expertise: As the first SunPower Elite Dealer in the U.S., Cobalt's projects include a 1.4-megawatt installation for Santa Clara University and commercial installations at the Fortinet building, showcasing its strong presence in high-end residential and educational sectors.
- Standalone Operation: SunPower plans to operate Cobalt as a standalone subsidiary, a move that not only helps maintain its brand value but also leverages Cobalt's market position to further expand its business and enhance overall competitiveness.
Continue Reading