Kbra assigns preliminary ratings to sunrun neptune issuer 2024-1, llc

New york--(business wire)-- #creditratingagency--kbra assigns a preliminary rating to one class of notes issued by sunrun neptune issuer 2024-1, llc. the transaction is collateralized by a diversified pool of 27,094 leases and power purchase agreements (ppas) associated with residential solar photovoltaic installations (pv systems), and the associated srecs, if applicable. the total aggregate discounted solar asset balance (adsab) based on a discount rate of 7.5% (pv7.5 adsab), consisting of the discounted payments.
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