General Information |
Business: |
We provide clean, solar energy to homeowners at a significant savings to traditional utility energy. After inventing the residential solar service model and recognizing its enormous market potential, we leveraged our first-mover advantage to build out the infrastructure and capabilities necessary to rapidly acquire and serve customers in a low-cost and scalable manner. Today, our scalable operating platform provides us with a number of unique advantages. First, we are able to drive distribution by marketing our solar service offerings through multiple channels, including our diverse partner network and direct-to-consumer operations. This multi-channel model supports broad sales and installation capabilities, which together allow us to achieve capital-efficient growth. Second, we are able to provide differentiated solutions to our customers that, combined with a great customer experience, we believe will drive meaningful margin advantages for us over the long term as we strive to create the industry’s most valuable and satisfied customer base. |
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Industry: |
HEATING EQUIP, EXCEPT ELEC & WARM AIR & PLUMBING FIXTURES |
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Employees: |
1,700 |
Founded: |
2007 |
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Contact Information |
Address: |
595 Market Street, 29th Floor, San Francisco, CA 94105, US |
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Financial Information |
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Revenues: |
$ 217.8 mil (last 12 months) |
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Net Income: |
$ -77.1 mil (last 12 months) |
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IPO Profile |
Symbol: |
RUN |
Shares (millions): |
17.9 |
Price Range: |
$14.00 - $14.00 |
Est.$ Volume |
$ 250.6 mil |
Manager / Joint Managers |
Credit Suisse/ Goldman Sachs/ Morgan Stanley |
Co Managers |
BofA Merrill Lynch/ RBC Capital Markets/ KeyBanc Capital Markets/ SunTrust Robinson Humphrey |
Expected to Trade |
8/5/2015 |
Status |
Priced |
SCOOP RATING |
Available only to Subscribers |
RATING CHANGE |
Available only to Subscribers |
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