KKR to buy $550 million in solar loans from SunPower

KKR & Co, a private equity firm based in the US, has agreed to buy $550 million in solar energy loans provided to SunPower Corp customers. The US solar technology and energy services provider stated that the action will assist SunPower Financial’s ability to provide consumers with attractive lending options. By purchasing the loan portfolio, credit funds and accounts operated by KKR will be able to increase SunPower’s capacity to provide additional solar loans to $1 billion.

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