SUNation Energy announces review of strategic alternatives

SUNation Energy (SUNE) announced that its Board has authorized the review of a full range of strategic alternatives aimed at increasing shareholder value. The review will consider a broad spectrum of possible actions, including, but not limited to, a potential sale of the company, strategic business combinations, acquisitions, divestitures of assets, further optimization of the corporate structure, or other strategic or financial transactions. The strategic review process is at a preliminary stage. SUNation has not set a timetable for its completion, and there can be no assurance that the exploration will result in any specific transaction or outcome.