SunPower Appoints Eduardo Medina Executive Vice President, Power Plants

SAN JOSE, Calif., Jan. 4, 2016 /PRNewswire/ -- SunPower Corporation (NASDAQ: SPWR), a leading solar technology and energy services provider, today announced that renewables energy veteran Eduardo Medina has been named the company's executive vice president of power plants. In this role, he will lead the company's business development efforts for the global power plants business segment.

Medina, whose position is effective immediately, has extensive experience with leading public and private companies including Acciona Energia and General Electric. He will be based in SunPower's Lyon, France office.

"A seasoned energy executive, Eduardo brings excellent global markets expertise to our senior leadership team, building our bench strength," said SunPower President and CEO Tom Werner. "We saw a number of events - the Clean Power Plan, COP21 agreement and the Investment Tax Credit extension - that will all act as a catalyst for our business. Having Eduardo join our team is perfectly timed to take advantage of these opportunities going forward."

With more than 25 years of experience, Medina most recently served as executive managing director and head of business development for Acciona Energia, a Spanish-based global leader in infrastructure, energy, water and sustainable services. Prior to this position, he was Acciona's Asia director and director of Middle East North Africa and the Mediterranean region. He also held leadership roles at General Electric in the Power Generation unit, Gamesa Eolica, S.A.

About SunPower 
As one of the world's most innovative and sustainable energy companies, SunPower Corp. (Nasdaq: SPWR) provides a diverse group of customers with complete solar solutions and services. Residential customers, businesses, governments, schools and utilities around the globe rely on SunPower's more than 30 years of proven experience. From the first flip of the switch, SunPower delivers maximum value and superb performance throughout the long life of every solar system. Headquartered in Silicon Valley, SunPower has dedicated, customer-focused employees in Africa, Asia, Australia, Europe, North and South America. For more information about how SunPower is changing the way our world is powered, visit www.sunpower.com.

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SOURCE SunPower Corp.

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