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SunPower acquires SunRay Renewable Energy for $277 million

March 2010

Client(s) SunPower Corporation

Jones Day advised SunPower Corporation, a vertically integrated solar products and services company, in its $277 million acquisition of SunRay Renewable Energy Ltd., a leading European solar power plant developer with offices in Europe and the Middle East, including a principal project office in Rome, from its shareholders, which includes its management and Denham Capital.

In addition to M&A representation, Jones Day advised on the antitrust, environmental, financing, real estate, and tax aspects of this transaction.

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