Stem Announces Review of Strategic Alternatives to Maximize Shareholder Value
Business Wire•26/10/2026•08:00 ET
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Key Highlights
- ➤Stem initiates formal review of strategic alternatives to maximize shareholder value
- ➤Review includes asset sales, company sale, merger, refinancing, and recapitalization
- ➤Board engaged Guggenheim Securities as financial advisor and two legal advisors
- ➤No timetable set; no assurance review produces a transaction or strategic outcome
- ➤PowerTrack supports more than 38 gigawatts of solar and 1.8 gigawatt hours of storage
Expert Statements
Arun Narayanan, Chief Executive Officer of Stem
“Our priorities are unchanged. Our team remains focused on serving our customers, supporting the more than 38 gigawatts of solar and 1.8 gigawatt hours of storage that rely on PowerTrack, and executing our plan. Customers, partners and employees can expect the same level of service, support and innovation from Stem throughout this process.”
Stem Announces Review of Strategic Alternatives to Maximize Shareholder Value
Stem, Inc. (NYSE: STEM) (the “Company”), a global leader in AI-enabled clean energy software and services, today announced that its Board of Directors (the “Board”) has initiated a formal review of strategic alternatives to maximize shareholder value. The Company has engaged Guggenheim Securities, LLC as financial advisor and Gibson Dunn & Crutcher LLP, and Davis Polk & Wardwell LLP, as legal advisors to assist with the review.
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