Earlier this month, Sunrun, the most important residential photo voltaic firm within the U.S., declared its intent to amass Vivint Photo voltaic, the second largest installer. It’s an all-stock transaction that may worth the mixed entity at over $9 billion.
It is a large deal — actually. The enterprise worth connected to Vivint is $three.2 billion, which makes it the most important single transaction within the historical past of the distributed power market.
It’s additionally a giant deal due to what it says in regards to the state and way forward for distributed photo voltaic, plus adjoining markets like power storage and perhaps even electrical automobiles.
So that is what we will discuss right this moment. Shayle sits down with Austin Perea, senior photo voltaic analyst for Wooden Mackenzie Energy & Renewables, to speak in regards to the technique behind the deal, and what it tells us in regards to the subsequent section of the market.
Assuming the acquisition goes by way of, how large will this new entity be?
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