SunPower acquires AUO’s stake in Malaysian joint venture

Industry:    2016-09-21

SunPower Corp

* Sunpower acquires AUO’s stake in Malaysian joint venture

* Under stock purchase agreement, SunPower will pay AUO $170 million over next four years

* Sunpower plans to eventually upgrade Melaka facility

* Has also signed a supply agreement with AUO for 100 MW of SunPower’s E-series solar panels Source text for Eikon: Further company coverage:

 


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