Kbra assigns preliminary ratings to sunrun iris issuer 2023-1, llc

New york--(business wire)-- #kbra--kbra assigns preliminary ratings to two classes of notes issued by sunrun iris issuer 2023-1. the transaction is collateralized by a diversified pool of 25,679 leases and power purchase agreements (“ppas”) associated with residential solar photovoltaic installations (“pv systems”), some of which have energy storage equipment. the total aggregate discounted solar asset balance (“adsab”) based on a discount rate of 7.15% (pv7.15 adsab), consisting of the discounted paym.
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