Enphase Energy Completes Acquisition of SunPower’s Microinverter Business
Enphase Energy, Inc. (ENPH)
Last enphase energy, inc. earnings: 2/18 04:05 pm
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Source: GlobeNewswire
Acquisition Brings Together Category Leaders in Residential Installations and Microinverters PETALUMA, Calif. and SAN JOSE, Calif., Aug. 09, 2018 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ:ENPH), and SunPower Corp. (NASDAQ:SPWR), today announced that Enphase has completed the previously announced acquisition of SunPower’s microinverter business for a total of $25 million in cash and 7.5 million shares of Enphase common stock. Key anticipated benefits and highlights of the acquisition include: Advances AC Modules (ACM) as the future of residential solarEnhances SunPower’s Equinox™ Home Solar System with a custom line of Enphase’s IQ microinverters for use with SunPower AC ModulesAdds over 140 patents to enhance Enphase’s strong IP portfolio$15 million of cash purchase price funded from Enphase’s balance sheet at closing and $10 million of cash
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News
- Enphase Energy Launches IQ Combiner Lite for Social Housing in the NetherlandsGlobeNewswire
- Enphase Energy, Inc. (NASDAQ: ENPH) is now covered by analysts at DZ Bank AG. They set a "hold" rating on the stock.MarketBeat
- Enphase Energy (ENPH) to Post Q1 Earnings: What's in Store? [Yahoo! Finance]Yahoo! Finance
- Enphase Energy (ENPH) Stock Declines While Market Improves: Some Information for Investors [Yahoo! Finance]Yahoo! Finance
- Enphase Energy Launches Power Control Software for its Home Solar and Battery SystemsGlobeNewswire
ENPH
Earnings
- 2/6/24 - Beat
ENPH
Sec Filings
- 4/16/24 - Form 4
- 4/15/24 - Form 144
- 4/5/24 - Form 4
- ENPH's page on the SEC website