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SunPower

🪦 Bankrupt
$SPWRClean EnergySPAC Year: 2021

Trust Size

$208M

Peak Price

$16.00

Current Price

$0.00

Return

-87.9%

Peak Market Cap

$4.0B

Price Journey

$10 IPO$16.00 peak$0.00

What Happened

SunPower was one of the largest residential solar installers in the United States, providing solar panels, battery storage, and energy management systems. The company filed for Chapter 11 bankruptcy in August 2024, agreeing to sell some assets to Complete Solaria for $45 million.

SunPower had been a leading solar company for decades before going public via SPAC-related transaction. As solar panel prices collapsed and interest rates rose, SunPower's residential business cratered. The company filed for Chapter 11 bankruptcy in August 2024. By September 2024, SunPower had ceased all customer support operations. Its assets were sold off to various buyers.

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Timeline

2021-02-18

S-1 Registration Filed

2024-08-05

Filed for bankruptcy

SEC Filing Details

CIK Number

1838987

Total SEC Filings

383

State of Incorporation

DE

Last Filing Date

2026-03-23

Business Location

Grand Cayman, E9

Trust/Asset Size

$208M

Data sourced from SEC EDGAR Company Facts API and EFTS search index.

📄 SEC Filings

View all EDGAR filings for SunPower

View on SEC.gov →
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