Post Tagged with: "Vivint Solar"

Vivint Solar nails down new multi-party financial agreement for $327 million in total funding

Vivint Solar nails down new multi-party financial agreement for $327 million in total funding

August 8, 2018 at 2:31 pm 0 comments

Vivint Solar, Inc. closed an innovative multi-party forward flow funding arrangement that includes project-level debt, a levered tax equity partnership, and the company’s first cash equity investment. The transaction provides up to $327 million in total funding commitments, with an aggregate value of approximately $410 million, which is structured toRead More

Vivint Solar closes on $811 million in new financing (largest securitization of residential PPAs ever)

Vivint Solar closes on $811 million in new financing (largest securitization of residential PPAs ever)

June 12, 2018 at 8:58 am Comments are Disabled

Vivint Solar has closed on $811 million aggregate principal amount of debt financing comprised of two separate transactions. The first is a capital markets issuance by its wholly-owned subsidiary, Vivint Solar Financing V, LLC, of $466 million aggregate principal amount of Solar Asset Backed Notes, Series 2018-1. The offering wasRead More

Vivint Solar sued by New Mexico attorney general, claiming its PPAs ‘cloud titles’

Vivint Solar sued by New Mexico attorney general, claiming its PPAs ‘cloud titles’

March 12, 2018 at 11:11 am Comments are Disabled

New Mexico Attorney General Hector Balderas took aim at Vivint Solar, Inc. in a lawsuit filed last week, claiming “unfair and unconscionable business practices, including clouding titles to consumers’ homes, fraud and racketeering in connection with its residential solar power purchase agreements and solar equipment.” A bold claim to beRead More

GTM: Sunrun tops SolarCity as lease sales leader, and more residential solar sales stats

GTM: Sunrun tops SolarCity as lease sales leader, and more residential solar sales stats

November 20, 2017 at 10:06 am Comments are Disabled

2017 isn’t quite the banner year for solar that 2016 was. Aside from the trade case drama, it has also been a tumultuous year for the big names in the residential solar space. Three of the largest installers, including NRG Home Solar, Sungevity and Direct Energy Solar, have gone bankruptRead More

Vivint Solar expands residential solar services into Delaware

Vivint Solar expands residential solar services into Delaware

November 6, 2017 at 1:41 pm Comments are Disabled

Vivint Solar, a full-service residential solar provider, has expanded availability of its affordable solar energy systems into Delaware. Following this expansion, Vivint Solar now operates in 21 states. Delaware’s renewables portfolio standard (RPS) targets to achieve 25 percent of its power from renewables by 2025, with 3.5 percent required fromRead More

Vivint Solar signs deal with ChargePoint to offer EV charging solution

Vivint Solar signs deal with ChargePoint to offer EV charging solution

September 21, 2017 at 9:56 am Comments are Disabled

Vivint Solar announced a strategic agreement with ChargePoint, the world’s largest electric vehicle (EV) charging network, to offer ChargePoint Home charging solutions and custom installations directly to residential customers. This is only a few months after Vivint’s deal with Mercedes-Benz. Vivint Solar will work with ChargePoint and other strategic collaboratorsRead More

Vivint Solar to start installing PV systems in Virginia

Vivint Solar to start installing PV systems in Virginia

July 17, 2017 at 12:48 pm Comments are Disabled

Vivint Solar, a full-service residential solar provider, has expanded availability of its solar energy systems into Virginia. “We applaud Virginia’s commitment to grow its clean energy sector and are thrilled to bring Vivint Solar’s affordable solar energy services to this promising market,” said David Bywater, CEO of Vivint Solar. “WithRead More

Vivint Solar opens up shop in Vermont

Vivint Solar opens up shop in Vermont

June 15, 2017 at 7:44 am Comments are Disabled

Vermont has big plans for focusing on renewable energy, and Vivint Solar wants in on that future, deciding to enter the state this week. Vermont ranks No. 2 on the Union of Concerned Scientists’ Clean Energy Momentum State Ranking, and is noted for leading the country in clean energy jobsRead More

Vivint Solar secures $100 million in tax equity

Vivint Solar secures $100 million in tax equity

June 6, 2017 at 2:56 pm Comments are Disabled

Vivint Solar secured tax equity commitments totaling $100 million from two repeat investors. These tax equity commitments will enable the company to install an estimated 70 megawatts of residential solar energy systems. “Our capital partners play an essential role in enabling us to grow our residential solar business,” said StewartRead More

Vivint Solar, Mercedes-Benz ink exclusive deal to promote home solar+storage system in U.S.

Vivint Solar, Mercedes-Benz ink exclusive deal to promote home solar+storage system in U.S.

May 18, 2017 at 9:55 am Comments are Disabled

  Mercedes-Benz Energy and Vivint Solar announced exclusive strategic collaboration to bring the Mercedes-Benz customizable home energy storage system to the United States. The two companies will introduce a joint offering that will provide customers with the German engineering and performance of Mercedes-Benz batteries coupled with Vivint Solar’s expertise inRead More