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SunPower Collaborates with True Green Capital Management to Finance $140 Million of U.S. Commercial Solar Projects

October 5, 2017

SAN JOSE, Calif., Oct. 5, 2017 /PRNewswire/ — SunPower (NASDAQ: SPWR) today announced a collaboration with True Green Capital Management LLC (TGC) – a privately owned, specialized energy infrastructure asset management firm –to establish a $140 million fund expected to finance approximately 50 megawatts of SunPower® solar energy systems. Projects of interest are likely to include those with solar renewable energy credits, as well as integrated storage components, in California, Connecticut, Maryland, Massachusetts, New Jersey, and Washington, D.C. To date, 5 megawatts of SunPower installations destined for the fund are under construction in Massachusetts, and an extensive pipeline of commercial projects are in development.

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