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Sunrun | ABS-15G: Asset-backed securitizer report pursuant to Section 15g of the Securities Exchange Act of 1934

SEC announcement ·  Mar 28 09:04
Summary by Moomoo AI
Sunrun Inc., a leading provider of residential solar, battery storage, and energy services, has filed a Form ABS-15G with the United States Securities and Exchange Commission (SEC) on March 18, 2024. The report pertains to asset-backed securities and is in accordance with Rule 15Ga-2 under the Exchange Act. The filing includes an independent accountants' agreed-upon procedures report by KPMG LLP, which was obtained by Sunrun Inc. for its Sunrun Neptune Issuer 2024-1, LLC. The report, dated the same as the filing, details the findings and conclusions of KPMG LLP regarding the accuracy of specified attributes in an electronic data file containing information on 27,094 solar assets. These assets are intended to be included as collateral in an offering by Sunrun Neptune Issuer 2024-1, LLC...Show More
Sunrun Inc., a leading provider of residential solar, battery storage, and energy services, has filed a Form ABS-15G with the United States Securities and Exchange Commission (SEC) on March 18, 2024. The report pertains to asset-backed securities and is in accordance with Rule 15Ga-2 under the Exchange Act. The filing includes an independent accountants' agreed-upon procedures report by KPMG LLP, which was obtained by Sunrun Inc. for its Sunrun Neptune Issuer 2024-1, LLC. The report, dated the same as the filing, details the findings and conclusions of KPMG LLP regarding the accuracy of specified attributes in an electronic data file containing information on 27,094 solar assets. These assets are intended to be included as collateral in an offering by Sunrun Neptune Issuer 2024-1, LLC. The due diligence process involved a sample of 300 solar assets, with KPMG performing various procedures to verify the accuracy of the data provided. The report lists exceptions where discrepancies were found between the data file and the provided information. This filing is crucial for investors as it provides transparency into the due diligence conducted on the solar assets backing the securities offered by Sunrun Neptune Issuer 2024-1, LLC.
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