Complete Solar’s Blue Raven Signs Installation Agreement with Sunder Energy
18 November 2024 - 2:30PM
Blue Raven Solar (“BRS”) a division of Complete Solar Holdings,
Inc. (“Complete Solar” or the “Company”) (Nasdaq: CSLR), is pleased
to announce it has signed an installation sales agreement with
Sunder Energy (“Sunder”), one of the largest residential sales
companies in the US. Sunder sells solar in 48 states, executing
approximately 12,000 solar installations per year, generating
estimated revenue of $400 million annually for residential
installers.
Eric Nielsen, CEO of Sunder said, "We look
forward to working with Complete Solar as an installation partner.
It is rare to find an install partner with such a large service
footprint, capable of handling the operational needs of a sales
company of Sunder’s size. Complete Solar’s acquisition of
SunPower’s assets has made this a great partnership for Sunder
Energy."
Cole Farmer, Vice President of Sales for
Complete Solar added, "This is a great opportunity for CSLR to add
a large sales partner to the New Dealer channel at Complete Solar.
Sunder is a powerhouse in the residential solar space. I have a
long history with Sunder leadership and know first-hand how
impactful they are as a sales company, and I look forward to
working with them again."
About Complete
SolarWith its recent acquisition of SunPower
assets, Complete Solar has become a leading solar services provider
in North America. Complete Solar’s digital platform and
installation services support energy needs for customers wishing to
make the transition to a more energy-efficient lifestyle. For more
information visit https://www.completesolar.com.
Forward
Looking Statements This press
release may contain certain forward-looking statements within the
meaning of the federal securities laws with respect to the
referenced transaction. These forward-looking statements generally
are identified by the words “anticipate,” “believe,” “continue,”
“could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,”
“possible,” “potential,” “predict,” “project,” “should,” “would,”
and similar expressions, but the absence of these words does not
mean that a statement is not a forward-looking statement.
Forward-looking statements are forecasts, predictions, projections
and other statements about future events that are based on current
expectations, hopes, beliefs, intentions, strategies and
assumptions, including statements relating to the installation
agreement included in this press release, and, as a result, are
subject to risks and uncertainties. Many factors could cause actual
future events to differ materially from the forward-looking
statements in this press release and the price of Complete Solar’s
securities may be volatile due to a variety of factors, including
but not limited to changes in the applicable competitive or
regulatory landscapes, variations in operating performance across
competitors, changes in laws and regulations affecting Complete
Solar’s business, and changes in the combined capital structure;
the ability to implement business plans, forecasts, and the
evolution of the markets in which Complete Solar will compete.
Readers should carefully consider the foregoing
factors and the other risks and uncertainties described in the
“Risk Factors” section of Complete Solar’s Annual Report on Form
10-K filed with the Securities and Exchange Commission (the “SEC”)
on April 1, 2024 and the other documents that Complete Solar files
with the SEC, including Quarterly Reports on Form 10-Q. Such
filings identify and address other important risks and
uncertainties that could cause actual events and results to differ
materially from those contained in the forward-looking statements.
Forward-looking statements speak only as of the date they are made.
Readers are cautioned not to put undue reliance on forward-looking
statements, and Complete Solar assumes no obligation and does not
intend to update or revise these forward-looking statements,
whether as a result of new information, future events, or
otherwise.
For inquiries,
please contact:
Sioban HickieHead of Investor RelationsPhone: +1 (801)
477-5847InvestorRelations@CompleteSolar.com
Public Relations:PR@completesolar.com
Source: Complete Solar, Inc.
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