POWER Magazine•9 days ago
HASI, Sunrun Expand Business with $500 Million Joint Venture
Key Takeaway
This $500 million joint venture significantly boosts financing options for distributed solar and storage projects, enabling developers to scale deployments and offering more resilient energy solutions for consumers and potentially large loads.
AI Summary
- •HA Sustainable Infrastructure Capital (HASI) and Sunrun have formed a $500 million joint venture.
- •The partnership is dedicated to financing distributed energy assets, including home battery storage, solar, and home-to-grid power plants.
- •This initiative is projected to finance over 300 MW of new distributed energy capacity.
- •The JV provides substantial capital for developers focused on residential and potentially commercial distributed solar and storage projects.
Topics
financingm&asolarstorage
Article Content
HA Sustainable Infrastructure Capital (HASI), a leading investor in sustainable infrastructure assets, and Sunrun, a provider of home battery storage, solar, and home-to-grid power plants, announced the closing of an innovative joint venture to finance distributed energy assets. The partnership announced January 6 is expected to ultimately finance more than 300 MW of capacity across […] The post HASI, Sunrun Expand Business with $500 Million Joint Venture appeared first on POWER Magazine .