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Gold/Mining/Energy : SunPower Announces Initial Public Offering SPWR
SPWR 1.620-7.7%3:59 PM EST

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From: Lizzie Tudor1/4/2008 10:25:44 AM
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SunPower to build 8-megawatt solar electric power plant in Spain
January 04, 2008: 08:42 AM EST

BOSTON, Jan. 4, 2008 (Thomson Financial delivered by Newstex) -- SunPower Corp. (NASDAQ:SPWR) said Friday that its Spanish subsidiary plans to build a solar electric power plant of about eight megawatts in the Extremadura region of Spain.

The San Jose, Calif.-based solar electric power products manufacturer expects the system to begin operating in September.

A corporate affiliate of Naturener Group, a Spanish-based company, will own the plant, SunPower said.

The stock closed Thursday at $131.29.
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