TotalEnergies Updates SunPower Stake in SC 13D/A Filing

TL;DR

**TotalEnergies just confirmed its ongoing significant ownership in SunPower, no major changes.**

AI Summary

TotalEnergies SE filed an SC 13D/A on February 16, 2024, updating its beneficial ownership in SunPower Corp. The filing indicates that TotalEnergies SE, along with its group members including SOL HOLDING, LLC and TOTALENERGIES RENEWABLES USA, LLC, continues to hold a significant stake in SunPower Corp. This amendment reflects ongoing ownership rather than a new acquisition or divestiture, with SunPower Corp. being a semiconductor and related devices company based in Richmond, CA.

Why It Matters

This filing confirms TotalEnergies' continued strategic interest in SunPower Corp., a key player in the solar energy sector, signaling stability in their relationship.

Risk Assessment

Risk Level: low — The filing is an amendment confirming existing ownership, indicating no immediate significant changes or risks.

Key Players & Entities

• TotalEnergies SE (company) — Filing entity and beneficial owner
• SunPower Corp (company) — Subject company
• SOL HOLDING, LLC (company) — Group member of TotalEnergies SE
• TOTALENERGIES RENEWABLES USA, LLC (company) — Group member of TotalEnergies SE
• February 16, 2024 (date) — Filing date

FAQ

From the Filing

0001104659-24-024932.txt : 20240216 0001104659-24-024932.hdr.sgml : 20240216 20240216163308 ACCESSION NUMBER: 0001104659-24-024932 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 5 FILED AS OF DATE: 20240216 DATE AS OF CHANGE: 20240216 GROUP MEMBERS: SOL HOLDING, LLC GROUP MEMBERS: TOTALENERGIES DELAWARE, INC. GROUP MEMBERS: TOTALENERGIES GESTION USA SARL GROUP MEMBERS: TOTALENERGIES HOLDINGS USA, INC. GROUP MEMBERS: TOTALENERGIES RENEWABLES USA, LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SUNPOWER CORP CENTRAL INDEX KEY: 0000867773 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 943008969 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-81168 FILM NUMBER: 24648926 BUSINESS ADDRESS: STREET 1: 880 HARBOUR WAY SOUTH, SUITE 600 CITY: RICHMOND STATE: CA ZIP: 94804 BUSINESS PHONE: 408-240-5500 MAIL ADDRESS: STREET 1: 880 HARBOUR WAY SOUTH, SUITE 600 CITY: RICHMOND STATE: CA ZIP: 94804 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TotalEnergies SE CENTRAL INDEX KEY: 0000879764 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 000000000 STATE OF INCORPORATION: I0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 2 PLACE JEAN MILLIER STREET 2: LA DEFENSE 6 CITY: COURBEVOIE STATE: I0 ZIP: 92400 BUSINESS PHONE: 33 (0)1 41 35 04 48 MAIL ADDRESS: STREET 1: 2 PLACE JEAN MILLIER STREET 2: ARCHE NORD COUPOLE/REGNAULT CITY: PARIS LA DEFENSE CEDEX STATE: I0 ZIP: 92078 FORMER COMPANY: FORMER CONFORMED NAME: TOTAL SE DATE OF NAME CHANGE: 20200717 FORMER COMPANY: FORMER CONFORMED NAME: TOTAL S.A. DATE OF NAME CHANGE: 20121204 FORMER COMPANY: FORMER CONFORMED NAME: TOTAL SA DATE OF NAME CHANGE: 20030508 SC 13D/A 1 tm246486d1_sc13da.htm SC 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 19)* SunPower Corporation (Name of Issuer) Common Stock, par value $0.001 per share (Title of Class of Securities) 867652 406 (CUSIP Number) Paul Moss-Bowpitt Legal Director, Corporate Transactions TOTALENERGIES SE 2, place Jean Millier La Défense 6 92400 Courbevoie France 00-331-4135-2834 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) February 14, 2024 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ¨ Note : Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7 for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes ). CUSIP No. 867652 406 1 Names of Reporting Persons TotalEnergies SE 2 Check the Appropriate Box if a Member of a Group (a) ¨ (b) ¨ 3 SEC Use Only 4 Source of Funds (See Instructions) WC 5 Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e) ¨ 6 Citizenship or Place of Organization France NUMBER OF SHARES BEN