Sunrun adds US$45 million to development pot that reaches US$250 million

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
Sunrun noted that its recent total funding commitment level stood at US$250 million.

US dedicated residential PV installer Sunrun has secured a further US$45 million in funding to meet its backlog of customer installations from three finance institutions.

“Sunrun continues to be a leader in raising flexible recourse and non-recourse capital at attractive rates,” said Sunrun Chief Financial Officer Bob Komin. “Our high quality customer base and operating asset performance combined with our disciplined approach towards balance sheet management has created a durable advantage in the financial markets.”

Sunrun noted that its recent total funding commitment level stood at US$250 million.

US dedicated residential PV installer Sunrun has secured a further US$45 million in funding to meet its backlog of customer installations from three finance institutions. Image: Sunrun

Read Next

January 26, 2022
Leading US solar installer Sunrun has upsized its loan facility to US$425 million from US$250 million at “enhanced terms and longer tenor” to reflect the company’s higher valuation and strong performance.
PV Tech Premium
December 2, 2021
Hit by soaring electricity prices and widespread power outages during a severe cold weather event earlier this year, Texas homeowners have been ramping up rooftop solar and battery storage installs to protect against future blackouts and increase their energy independence.
November 5, 2021
Leading US solar installer Sunrun witnessed installs smash through the 200MW barrier in Q3 2021, with the company deploying an analyst expectation-beating 219MW.
August 17, 2021
US residential solar prices have continued to fall over the last year, dropping by the largest amount in four years.
August 6, 2021
Lynn Jurich is resigning as CEO of Sunrun as the company increases its 2021 guidance after delivering record quarterly installation volumes during Q2.
July 29, 2021
US residential solar installer Sunnova said it was investing in its end-to-end solar services to cater for customers demanding more from their rooftop installations.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
February 23, 2022
London, UK
Solar Media Events
March 8, 2022
London, UK
Solar Media Events
March 23, 2022
Austin, Texas, USA
Solar Media Events
March 29, 2022
Lisbon, Portugal
Solar Media Events
April 25, 2022
Berlin, Germany