Funding and M&A Roundup: Sunrun Prices $629 Million in Senior Securitization

REC Silicon announces the closing of a $40 million term loan

February 5, 2025

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Sunrun, a provider of residential solar energy solutions, has priced $629 million in the securitization of leases and power purchase agreements. ATLAS SP Partners was the sole structuring agent and served as joint book-runner alongside BofA Securities, Morgan Stanley, MUFG, and TD Securities. First Citizens Capital Securities and ING acted as co-managers for the securitization. This marks the company’s 13th securitization since 2015 and its first issuance in 2025.

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