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“Sunrun continues to be a leader in raising flexible recourse and non-recourse capital at attractive rates,” said
The terms of the facility remain unchanged with an interest rate of LIBOR + 3.25%. Cash flows are advanced from a borrowing base calculated monthly that principally considers take-out financing for backlog projects, as well as other current assets.
Forward Looking Statement
This press release contains forward-looking statements including, but not limited to, statements regarding the industry’s growth, Sunrun’s growth, customer savings and demand for our products and services. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward looking statements. You should read the section entitled "Risk Factors" in Sunrun's most recent quarterly report on Form 10-Q, which has been filed with the Securities and Exchange Commission and identifies certain of these and additional risks and uncertainties. We do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.
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Sunrun Media Contact
Becky LoyaSunrun@ketchum.com 415-984-6278