Complete Solaria acquires SunPower core assets for $45M, hires 1,000

SunPower Inc.

Acquired SunPower's core residential solar assets out of Chapter 11 for $45 million.
Hired approximately 1,000 former SunPower employees over the past two weeks.
CEO T.J. Rodgers plans to recreate SunPower as a residential solar leader.
Complete Solaria remained cash-flow positive while SunPower lost auditor and liquidity.
Purchase fueled by SunPower's cash crisis after investors rejected additional $250M.

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