Sunrun and HASI Launch $500 Million Joint Venture to Enhance Distributed Energy Initiatives

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Sunrun Inc. (RUN) has completed a joint venture with HA Sustainable Infrastructure Capital, Inc. (HASI) aimed at financing distributed energy assets across the U.S. The partnership will support over 300 megawatts (MW) of capacity, impacting more than 40,000 residential power plants.

Finalized in December 2025, HASI is set to invest up to $500 million over the next 18 months into the partnership. This initiative is designed to help Sunrun expand its clean energy footprint while lowering its capital costs and maintaining significant ownership of the assets. With this financing strategy, Sunrun aims for predictable cash flows and improved scalability for its subscription-based business model.

In the last six months, Sunrun’s shares have increased by 65.3%, outperforming the industry growth of 38.6%.

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