SunPower to build 3 plants in Spain

[OKIsItJustMe]

http://eastbay.bizjournals.com/eastbay/stories/2007/11/05/daily52.html

Thursday, November 8, 2007 - 2:57 PM PST

SunPower to build 3 plants in Spain

East Bay Business Times

SunPower Corp. said Thursday it will build three solar plants in Span totaling 21 megawatts.

San Jose-based SunPower (NASDAQ:SPWR) said the plants will be in the Castilla La Mancha region of Spain.

Corporate affiliates of The Naturener Group, a Spanish-based company, will own the three solar power plants located in Tinajeros, Manzanares and Almuradiel, just southeast of Madrid. They are expected to be financed by a Spanish bank syndicate.

SunPower now has an aggregate of about 140 megawatts in SunPower tracker technology under contract or previously sold in Spain.

SunPower is a majority-owned subsidiary of Cypress Semiconductor Corp. (NYSE:CY).