Sunrun sets industry record with $886.3m securitization of residential solar and battery systems.
Sunrun, the US leader in clean energy subscriptions, has priced a record $886.3m securitization of residential solar and battery systems, the largest in its history and industry-wide. The deal includes two A+ rated tranches and a BB-rated class. The securitization is backed by a portfolio of 48,628 systems across 19 states, Washington D.C., and Puerto Rico, and is expected to close by June 11, 2024.
June 04, 2024
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