SunPower Offers Substantial IPO

[RenewableEnergyAccess.com] SunPower filed a registration statement with the Securities and Exchange Commission relating to the proposed initial public offering of shares of its class A common stock. The filing provides for an offering of up to $100 million of common stock, plus an option granted to the underwriters to purchase up to an additional $15 million to cover over-allotments. All shares are being offered by SunPower except those shares that will be offered by certain selling stockholders in the event the underwriters exercise their over-allotment option. See the following link for the full release.

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