RONKONKOMA, N.Y., April 17, 2026 (GLOBE NEWSWIRE) — SUNation Power Inc. (Nasdaq: SUNE) (“SUNation” or the “Company”), a number one supplier of sustainable solar power and backup energy answers for residential, business, and municipal shoppers, nowadays introduced that it has entered right into a strategic financing settlement with Take part Power to fortify the deployment of residential sun and battery tasks in 2026.
Below the settlement, Take part Power will supply structured finance answers designed to make bigger buyer get right of entry to to residential sun and battery installations whilst making improvements to challenge economics and money drift potency for SUNation. The partnership is predicted to reinforce SUNation’s skill to scale residential sun and battery volumes throughout its core markets whilst keeping up disciplined capital allocation.
“This agreement represents an important step in strengthening our residential financing platform as we navigate the evolving regulatory landscape in 2026,” stated Scott Maskin, Founder and Leader Govt Officer of SUNation Power. “I have a long-standing relationship with the leadership team at Participate Energy and have been fortunate to collaborate with them as an industry professional in bringing Participate’s financing solutions to market. By partnering with Participate, we are expanding access to affordable solar solutions for homeowners while positioning SUNation for continued growth and operational flexibility.”
The financing association is meant to fortify a wide vary of residential sun and battery installations, enabling householders to undertake blank power answers via horny financing choices whilst permitting SUNation to boost up challenge execution, ship an enhanced worth proposition and buyer adoption.
“We are pleased to partner with SUNation Energy, a proven residential solar and battery operator with a strong presence in its core markets,” stated J. Stephen Pollock, Leader Govt Officer of Take part Power. “This agreement aligns with our mission to deliver flexible capital solutions that support high-quality solar and battery providers and expand access to clean energy for homeowners.”
SUNation expects the settlement to give a contribution undoubtedly to residential reserving task in 2026 and to additional fortify its aggressive place throughout its carrier territories.
About SUNation Power Inc.
SUNation Power Inc. (Nasdaq: SUNE) is a number one supplier of sustainable solar power and backup energy answers to residential, business, and municipal shoppers. The Corporate designs, installs, price range, and products and services solar power methods and comparable applied sciences, serving to shoppers cut back power prices, building up power independence, and transition to cleaner power answers.
About Take part Power
Take part Power is a renewable power structured finance answer supplier interested in increasing get right of entry to to scrub power via versatile, scalable capital answers. The corporate companions with top quality sun and battery suppliers to ship financing constructions that fortify residential sun and battery adoption and long-term marketplace expansion.
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FORWARD-LOOKING STATEMENTS
Due to this fact, exact effects may range materially from the forward-looking statements contained on this presentation. The Corporate can’t are expecting or resolve after the truth what components would motive exact effects to range materially from the ones indicated via the forward-looking statements or different statements. The reader will have to believe statements that come with the phrases “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “projects”, “should”, or different expressions which are predictions of or point out long run occasions or developments, to be unsure and forward-looking. We warning readers to not position undue reliance upon one of these forward-looking statements. The Corporate does now not adopt to publicly replace or revise forward-looking statements, whether or not as a result of new knowledge, long run occasions or in a different way. Additional info respecting components that might materially impact the Corporate and its operations are contained within the Corporate’s filings with the SEC which may also be discovered at the SEC’s site at www.sec.gov.
