Maxeon Solar Technologies Secures $97.5 Million Debt Financing
The funding will be used to support the company's operations and help push Maxeon back to profitability
June 4, 2024
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Maxeon Solar Technologies, a Singapore-based solar solutions provider, has secured a $97.5 million debt financing from the company’s largest shareholder, TCL Zhonghuan Renewable Energy Technology (TZE). TZE also committed to an additional $100 million equity investment, in each case subject to regulatory approvals.
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