Wilson Sonsini represented Sunrun Inc., the nation’s leading residential solar, storage and energy services company, in three recent asset-backed securities offerings with an aggregate valuation of $953.5 million.

The Atlas transaction closed October 28, 2019, secured by a portfolio of three of Sunrun’s recent tax equity financing funds. The Xanadu transaction closed in early June 2019, secured by a fund of Sunrun’s more seasoned residential solar assets no longer subject to tax equity financing. The Athena transaction closed in December 2018, secured by a portfolio of five of Sunrun’s tax equity financing funds and one wholly-owned (non-tax equity) fund.

An affiliate of Credit Suisse led all three transactions, with affiliates of Deutsche Bank, KeyBank, Citibank, Morgan Stanley, SunTrust and RBC taking roles in one or more of the securitizations.