# Source: SunPower — Blue Raven Solar Acquisition Press Release (2021)

**Type:** source
**Status:** Useful
**Confidence:** High
**Source Type:** filing
**URL:** https://www.sec.gov/Archives/edgar/data/867773/000086777321000063/ex-992pressrelease10052021.htm
**Publisher:** U.S. Securities and Exchange Commission (EDGAR) / SunPower Corp.
**Published:** 2021-10-05
**Retrieved:** 2026-08-12
**Updated:** 2026-08-11
**Relates:** cites [Blue Raven Solar](blue-raven-solar.md) · https://greatutah.work/pages/blue-raven-solar.md · https://www.sec.gov/Archives/edgar/data/867773/000086777321000063/ex-992pressrelease10052021.htm

## Summary

SunPower Corp. Exhibit 99.2 press release, filed 2021-10-05 with Form 8-K accession
**0000867773-21-000063** (CIK **0000867773**), announcing acquisition of Blue Raven Solar.

## Useful Claims

- SunPower announced it **acquired Blue Raven Solar**, described in the release as **one of the fastest
  growing residential solar providers in the U.S.**
- Purchase price: **cash consideration of up to $165 million**.
- Blue Raven was **founded in 2014** per the release; SunPower describes a direct-to-consumer sales
  and installation model with high growth.
- SunPower said Blue Raven CEO **Ben Peterson** would join SunPower's executive team.
- SunPower stated it would **focus on residential and light commercial growth** and explore strategic
  alternatives for its commercial and industrial solutions business.

## Verbatim

> "Today, SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services provider, announced it acquired Blue Raven Solar, one of the fastest growing residential solar providers in the U.S."
> — Opening paragraph

> "The acquisition was made for cash consideration of up to $165 million."
> — Transaction terms

> "Since its founding in 2014, Blue Raven has built a profitable and high-growth business, achieving 93% revenue compound annual growth rate (CAGR) with a direct-to-consumer sales and installation model."
> — About Blue Raven Solar section

> "Blue Raven Solar was founded in 2014 and has expanded to a national top selling solar brand."
> — About Blue Raven Solar section

## Reliability Notes

Filed press release — primary-tier at EDGAR. Growth superlatives and CAGR figures are SunPower's
announcement language, not independent market measurement. This document ends the ownership story at
SunPower; it does not describe the 2024 bankruptcy or later buyer.

## Related Pages

- [Blue Raven Solar](blue-raven-solar.md)
- [Source: SunPower — Chapter 11 Stalking Horse Press Release (2024)](sunpower-chapter-11-stalking-horse-press-release-2024.md)