Sunrun announced the pricing of a securitization of leases and power purchase agreements, marking its third issuance in 2025. The transaction included two classes of A- rated notes and a single class of BB- rated notes, totaling $431 million. The notes are backed by a portfolio of 63,318 systems across 12 states and Washington D.C., with a weighted average customer FICO score of 757. Bank of America served as the sole structuring agent for the transaction, which is expected to close by July 30, 2025. Sunrun is a leading provider of clean energy services, offering residential solar and storage with no upfront costs.

Read more at GlobeNewswire: Sunrun Prices $431 million Senior Securitization of