Sunrun raises another $45 million for its working capital facility

Share

Today Sunrun announced that it has completed a $45 million increase to its corporate working capital facility, bringing it to a total commitment of $250 million. The terms of the facility remain unchanged, with an interest rate of LIBOR + 3.25%.

In a brief press statement, Sunrun congratulated itself on raising flexible recourse and non-recourse capital at attractive rates. Sunrun has not named the lenders involved in the raise, describing them as “three leading finance institutions”.

Sunrun plans to use the funds for general corporate purposes.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

Tesla Powerwall demand declines on negative sentiment toward Musk
31 March 2025 A Roth Capital Partners survey of residential solar and storage installers revealed a market shift away from the leading home battery provider.