Thursday, March 19, 2015

SunRun Plans IPO, Says Report

San Francisco-based Sunrun, which provides solar leases and financing, has hired two investment bankers to help run its IPO, according to a report Wednesday. According to the WSJ, Sunrun has hired Credit Suisse and Goldman Sachs for the effort. Sunrun has so far raised $300M inequity from Accel, Foundation Capital, Madrone Capital Partners, and Sequoia. The WSJ named "people familiar with the matter" in the report.