Financings result in advance rate exceeding 85% of contracted Subscriber Value, above the high-end of prior guidance range, and demonstrates robust access to capital across multiple marketsSAN FRANCISCO, Jan. 05, 2023 (GLOBE NEWSWIRE) -- Sunrun (Nasdaq: RUN), the nation’s leading home solar, battery storage and energy services company, closed a $600 million non-recourse syndicated bank facility supporting a 335 MW portfolio of leases and power purchase agreements (the “Senior Credit Facilities”)
Net Subscriber Value expands significantly to $13,259, exceeding guidance Net Earning Assets increased by $465 million from the prior quarter, now at $5.1 billion, including $956 million in Total Cash Customer Additions of 35,760 in Q3, bringing total Customers to 759,937, 21% year-over-year growth in Customers 17% year-over-year growth in Solar Energy Capacity Installed in Q3 Annual Recurring Revenue of $969 Million with Average Contract Life Remaining of 17.6 years Networked Solar Energy Capac
As reliable power continues to be an issue for millions of Puerto Ricans, Sunrun’s innovative solution will help harden the island’s fragile grid and lower energy costs for allSAN FRANCISCO, Nov. 01, 2022 (GLOBE NEWSWIRE) -- Sunrun (Nasdaq: RUN), the nation’s leading home solar, battery storage, and energy services provider, today announced it has been exclusively selected by Puerto Rico’s electric utility provider to help rebuild and transform the island’s energy system through the development