Kbra assigns preliminary ratings to sunnova hestia i issuer, llc solar loan backed notes, series 2023-grid1

New york--(business wire)-- #kbra--kbra assigns preliminary ratings to two classes of notes issued by sunnova hestia i issuer, llc solar loan backed notes, series 2023-grid1, a $244.0 million residential solar loan abs transaction. this transaction represents the first securitization under the hestia program, which contains a partial loan guarantee provided by the u.s. department of energy. projects funded under project hestia are, in part, to provide loans for clean energy systems to disadvantaged com.
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