Company Overview - Sunrun Inc (Nasdaq: RUN) revolutionized the solar industry in 2007 by removing financial barriers and democratizing access to locally-generated, renewable energy [4] - The company is the nation's leading provider of clean energy as a subscription service, offering residential solar and storage with no upfront costs [4] - Sunrun's innovative products and solutions connect homes to clean energy, providing energy security, predictability, and peace of mind [4] - The company also manages energy services that benefit communities, utilities, and the electric grid while enhancing customer value [4] Earnings Announcement - Sunrun will issue its second quarter 2024 earnings report after the market closes on Tuesday, August 6, 2024 [3] - A conference call to discuss the earnings results is scheduled for 1:30 pm Pacific Time on the same day [2] - The conference call can be accessed live via the Sunrun Investor Relations website or by phone [2] - An audio replay will be available on the Investor Relations website for approximately one month, with a transcript posted the following day [2] Investor Relations - Wyatt Semanek serves as Director of Corporate Communications and can be contacted at press@sunrun.com [3] - Patrick Jobin holds the position of Senior Vice President, Deputy CFO & Investor Relations Officer and can be reached at investors@sunrun.com [5]

Sunrun (RUN) ended the recent trading session at $12.64, demonstrating a -0.55% swing from the preceding day's closing price. The stock's change was less than the S&P 500's daily gain of 0.25%. At the same time, the Dow added 0.15%, and the tech-heavy Nasdaq gained 0.03%. Shares of the solar energy products distributor witnessed a gain of 11.3% over the previous month, beating the performance of the Oils-Energy sector with its loss of 5.99% and the S&P 500's gain of 3.34%. Investors will be eagerly watching ...

Core Insights - Sunrun has announced the pricing of the largest securitization of leases and power purchase agreements in its history, as well as the largest residential solar securitization in the industry [1][2] Company Performance - Sunrun's Chief Financial Officer highlighted the company's robust performance and ability to attract competitively priced capital, which has been recognized by KBRA with a higher rating for advance rates compared to previous ABS transactions [2] Securitization Details - The transaction includes two classes of A+ rated notes (Class A-1 and Class A-2) and one class of BB rated notes (Class B), with each Class A note totaling $443.15 million [2] - Class A notes were priced with a coupon of 6.25%, reflecting a 205 basis points spread, which is an improvement of 35 basis points from the previous securitization in September 2023 [2] - The initial balance of Class A notes represents a 72.6% advance rate on the Securitization Share of ADSAB, with an expected weighted average life of 6.8 years and a final maturity date of July 30, 2059 [2] Portfolio and Customer Metrics - The notes are backed by a diversified portfolio of 48,628 systems across 19 states, Washington D.C., and Puerto Rico, covering 79 utility service territories [3] - The weighted average customer FICO score for the portfolio is 741 [3] Transaction Timeline and Management - The securitization transaction is expected to close by June 11, 2024 [3] - ATLAS SP Securities acted as the sole structuring agent and joint bookrunner, with several other financial institutions involved in the transaction [4]

SAN FRANCISCO, June 04, 2024 (GLOBE NEWSWIRE) -- Sunrun (Nasdaq: RUN), the nation's leading provider of clean energy as a subscription service, today announced it has priced a securitization of leases and power purchase agreements. The securitization represents the largest in Sunrun's history and the largest residential solar securitization industry wide. "Sunrun continues to set industry benchmarks, with our robust performance and ability to attract competitively priced capital," said Danny Abajian, Sunrun ...

BRAZIL - 2023/07/02: In this photo illustration, the Sunrun logo is displayed on a smartphone ... [+] screen. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images The stock price of Sunrun stock (NASDAQ NASDAQ : RUN), a home solar panel and battery storage company, has surged over 25% in a month. This can be attributed to a broader rise in solar stocks, especially the ones that may benefit from increased energy demand for AI data centers. ...

SAN FRANCISCO, May 16, 2024 (GLOBE NEWSWIRE) -- Sunrun (Nasdaq: RUN), the nation's leading provider of clean energy as a subscription service, today released its 2023 Impact Report. The report details the company's progress toward its impact goals, social and environmental initiatives, as well as advancements in safety, employee experience, and governance. It also highlights Sunun's commitment to generating long-term, sustainable value for all of its stakeholders, including customers, employees, communities ...

Core Insights - Sunrun released its 2023 Impact Report, showcasing progress towards impact goals and commitment to sustainable value for stakeholders [1][2] Group 1: Environmental Impact - Since 2007, Sunrun solar energy systems have generated 32.4 billion kilowatt-hours of solar energy, avoiding an estimated 18 million metric tons of carbon dioxide emissions, equivalent to removing 4.3 million gasoline-powered vehicles from the roads [2] - Sunrun's solar energy systems produced 6.8 billion kilowatt-hours of solar energy in 2023 and reduced total operational emissions by 24% [6] Group 2: Workforce and Community Engagement - Achieved a 52% ethnically diverse total workforce and completed 307,000 training courses for employee development [6] - Contributed 10,000 hours of employee volunteer time to local communities and provided 12,900 hours of on-the-job training for multifamily work [6] Group 3: Recognition and Awards - Recognized by Fast Company as a Brand That Matters and received accolades for being one of the Best Places to Work, Best Company for Women, and Best for Vets Employer [6]

Sunrun Inc. (NASDAQ:RUN) Q1 2024 Earnings Conference Call May 8, 2024 4:30 PM ET Company Participants Patrick Jobin - Senior Vice President of Finance and Investor Relations Mary Powell - Chief Executive Officer Danny Abajian - Chief Financial Officer Ed Fenster - Co-Founder and Co-Executive Chair Paul Dickson - Chief Revenue Officer Conference Call Participants Brian Lee - Goldman Sachs Moses Sutton - BNP Paribas Kashy Harrison - Piper Sandler Andrew Percoco - Morgan Stanley James West - Evercore ISI Prane ...

Sunrun (RUN) came out with a quarterly loss of $0.40 per share versus the Zacks Consensus Estimate of a loss of $0.58. This compares to loss of $1.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 31.03%. A quarter ago, it was expected that this solar energy products distributor would post a loss of $0.13 per share when it actually produced a loss of $1.33, delivering a surprise of -923.08%.Over the last four quarters, the co ...

$ 11,953 90% $ 13,543 $ 17,366 4% 5% 6% 7% 8% $ 7,013 $ 3,752 Net Earning Assets Discount rate → Net Eaming Assets excludes other assels, such as Inventory ($412m as of 1024) and a portion of systems currently under construction but not yet recognized as deployed and reflected in Gross Earning Assets. → Existing assets are financed with fixed-rate debt or floating-rate debt where the vast majority of the base rate exposure is hadged with interest rate swaps. As such, adju applied to the entire fleet of exis ...