Sunrun 335 MW residential solar lease+PPA portfolio
Sunrun closes $835M non-recourse financing — largest senior tranche in Sunrun history. 1.50x oversubscribed. 5.62% initial swapped Senior Loan cost. 9-bank syndicate.
$835M
Deal Value
335MW
Capacity
Solar
Technology
Multi-state
Location
Deal Details
- Deal Type
- Project Finance
- Seller / Sponsor
- Sunrun (NASDAQ: RUN)
- Buyer / Financier
- 9-bank syndicate
- Deal Value
- $835M ($600M senior credit incl. $575M amortizing + $25M LC; $235M subordinated)
- Stage
- Operating
- ISO/RTO
- Multiple
- Source
- Sunrun
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