Sunrun

General Information
Business:

We provide clean, solar energy to homeowners at a significant savings to traditional utility energy. After inventing the residential solar service model and recognizing its enormous market potential, we leveraged our first-mover advantage to build out the infrastructure and capabilities necessary to rapidly acquire and serve customers in a low-cost and scalable manner. Today, our scalable operating platform provides us with a number of unique advantages. First, we are able to drive distribution by marketing our solar service offerings through multiple channels, including our diverse partner network and direct-to-consumer operations. This multi-channel model supports broad sales and installation capabilities, which together allow us to achieve capital-efficient growth. Second, we are able to provide differentiated solutions to our customers that, combined with a great customer experience, we believe will drive meaningful margin advantages for us over the long term as we strive to create the industry’s most valuable and satisfied customer base.

Industry: HEATING EQUIP, EXCEPT ELEC & WARM AIR & PLUMBING FIXTURES
Employees: 1700
Founded: 2007
Contact Information
Address 595 Market Street, 29th Floor, San Francisco, CA 94105, US
Phone Number (415) 580-6900
Web Address http://www.sunrun.com
View Prospectus: Sunrun
Financial Information
Market Cap $1357.6mil
Revenues $217.8 mil (last 12 months)
Net Income $-77.1 mil (last 12 months)
IPO Profile
Symbol RUN
Exchange NYSE
Shares (millions): 17.9
Price range $14.00 - $14.00
Est. $ Volume $250.6 mil
Manager / Joint Managers Credit Suisse/ Goldman Sachs/ Morgan Stanley
CO-Managers BofA Merrill Lynch/ RBC Capital Markets/ KeyBanc Capital Markets/ SunTrust Robinson Humphrey
Expected To Trade: 8/5/2015
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change