Solar energy company Sunrun to buy peer Vivint Solar

Jul 7, 2020 | Renewable Energy News

U.S. residential solar installer Sunrun said on Monday it will buy peer Vivint Solar for about $1.46 billion in an all-stock deal.

The acquisition would roll together two companies with significantly overlapping business models and similar visions for a distributed energy future. Though Sunrun and Vivint Solar have slightly different geographic coverage areas, both install rooftop solar across much of the country through leases, loans and direct sales.

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