{"id":48193,"date":"2026-07-30T18:51:00","date_gmt":"2026-07-30T16:51:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=71f4a79210e1f6aa800ad40c89ec7be2"},"modified":"2026-07-30T18:51:00","modified_gmt":"2026-07-30T16:51:00","slug":"kbra-assigns-preliminary-ratings-to-sunrun-quintus-issuer-2026-2-llc","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=48193","title":{"rendered":"KBRA Assigns Preliminary Ratings to Sunrun Quintus Issuer 2026-2, LLC"},"content":{"rendered":"<p>NEW YORK--(BUSINESS WIRE)--<a href=\"https:\/\/twitter.com\/hashtag\/creditratingagency?src=hash\" >#creditratingagency<\/a>--KBRA assigns preliminary ratings to two classes of notes issued by Sunrun Quintus Issuer 2026-2, LLC. The transaction is collateralized by a diversified pool of 37,595 leases and power purchase agreements (PPAs) associated with residential solar photovoltaic installations (PV Systems). The total Aggregate Discounted Solar Asset Balance (ADSAB) based on a discount rate of 7.5%, consisting of the discounted payments of the leases and PPAs is approximately $359.7 million.<\/p><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260730158726\/en\/2864250\/5\/kbra-logo.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260730158726\/en\/2864250\/22\/kbra-logo.jpg\" \/><\/a><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260730158726\/en\/2864250\/5\/kbra-logo.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260730158726\/en\/2864250\/21\/kbra-logo.jpg\" \/><\/a><p>\nThe three largest geographic concentrations are California, Maryland, and New Jersey, which together represent approximately 64.7% of the number of PV Systems and approximately 63.2% of ADSAB. The portfolio consists of approximately 90.0% PPA agreements and 4.8% lease agreements by ADSAB of customer contracts with monthly payments, and 5.2% hedged Solar Renewable Energy Certificates (SRECs). The weighted average original and remaining tenor of the PPAs and leases is 240 months and 126 months, respectively. The weighted average FICO of the underlying customers of the PV Systems is 756.<\/p><p>\nTo access ratings and relevant documents, click <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Ftransaction%2F69458%2Fratings&amp;esheet=54580275&amp;newsitemid=20260730158726&amp;lan=en-US&amp;anchor=here&amp;index=1&amp;md5=0504c113aaa312854e3e073314a932ef\" rel=\"nofollow\" shape=\"rect\">here<\/a>.<\/p><p>\nClick <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Fpublications%2FmksjZyfm%2Fsunrun-quintus-issuer-2026-2-llc-pre-sale-report%3F&amp;esheet=54580275&amp;newsitemid=20260730158726&amp;lan=en-US&amp;anchor=here&amp;index=2&amp;md5=d7a939290e3903e6b06a3d15d4145401\" rel=\"nofollow\" shape=\"rect\">here<\/a> to view the report.<\/p><p>\n<strong>Methodologies<\/strong><\/p><ul class=\"bwlistsquare\">\n<li>\n<a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Fpublications%2FmhtSqfDz&amp;esheet=54580275&amp;newsitemid=20260730158726&amp;lan=en-US&amp;anchor=ABS%3A+General+Global+Rating+Methodology+for+Asset+Backed+Securities&amp;index=3&amp;md5=5047feaa40ec3cdbfd52b0a855acfeaf\" rel=\"nofollow\" shape=\"rect\">ABS: General Global Rating Methodology for Asset Backed Securities<\/a><\/li>\n<li>\n<a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Fpublications%2FRjVgkPtk&amp;esheet=54580275&amp;newsitemid=20260730158726&amp;lan=en-US&amp;anchor=Structured+Finance%3A+Global+Structured+Finance+Counterparty+Methodology&amp;index=4&amp;md5=3916d122aa481d2135462354fa74b374\" rel=\"nofollow\" shape=\"rect\">Structured Finance: Global Structured Finance Counterparty Methodology<\/a><\/li>\n<\/ul><p>\n<strong>Disclosures<\/strong><\/p><p>\nFurther information on key credit considerations, sensitivity analyses that consider what factors can affect these credit ratings and how they could lead to an upgrade or a downgrade, and <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Fpublications%2FJZRHwTBd%2F&amp;esheet=54580275&amp;newsitemid=20260730158726&amp;lan=en-US&amp;anchor=ESG+factors&amp;index=5&amp;md5=8705f56b94f28b9cdd066fb9abc30c8c\" rel=\"nofollow\" shape=\"rect\">ESG factors<\/a> (where they are a key driver behind the change to the credit rating or rating outlook) can be found in the full rating report referenced above.<\/p><p>\nA description of all substantially material sources that were used to prepare the credit rating and information on the methodology(ies) (inclusive of any material models and sensitivity analyses of the relevant key rating assumptions, as applicable) used in determining the credit rating is available in the Information Disclosure Form(s) located <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Ftransaction%2F69458%2Fdisclosures&amp;esheet=54580275&amp;newsitemid=20260730158726&amp;lan=en-US&amp;anchor=here&amp;index=6&amp;md5=d3ba4b412e6261fc3dd5a1d798c49c68\" rel=\"nofollow\" shape=\"rect\">here<\/a>.<\/p><p>\nInformation on the meaning of each rating category can be located <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Funderstanding-ratings%2Frating-scales%2Flong-term-credit-rating&amp;esheet=54580275&amp;newsitemid=20260730158726&amp;lan=en-US&amp;anchor=here&amp;index=7&amp;md5=e80a21e0f6f4ec491f9bfd77a87123ef\" rel=\"nofollow\" shape=\"rect\">here<\/a>.<\/p><p>\nFurther disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above. Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com&amp;esheet=54580275&amp;newsitemid=20260730158726&amp;lan=en-US&amp;anchor=www.kbra.com&amp;index=8&amp;md5=981cc83ce448c2fbaf7c4a56c694befb\" rel=\"nofollow\" shape=\"rect\">www.kbra.com<\/a>.<\/p><p>\n<strong>About KBRA<\/strong><\/p><p>\nKroll Bond Rating Agency, LLC (KBRA), one of the major credit rating agencies (CRA), is a full-service CRA registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority. In addition, KBRA is designated as a Designated Rating Organization (DRO) by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized as a Qualified Rating Agency by Taiwan\u2019s Financial Supervisory Commission and is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider (CRP) in the U.S.<\/p><p>\nDoc ID: 1016241<\/p><br\/> <b>Contacts<\/b> <br\/><p>\n<strong>Analytical Contacts<\/strong><\/p><p>\nAli Pasha, Director (Lead Analyst)\n<br\/>+1 646-731-1299\n<br\/><a  href=\"mailto:ali.pasha@kbra.com\" rel=\"nofollow\" shape=\"rect\">ali.pasha@kbra.com<\/a><\/p><p>\nPavan Borad, Senior Analyst\n<br\/>+1 646-731-1463\n<br\/><a  href=\"mailto:pavan.borad@kbra.com\" rel=\"nofollow\" shape=\"rect\">pavan.borad@kbra.com<\/a><\/p><p>\nTim Lewis, Analyst\n<br\/>+1 646-731-2390\n<br\/><a  href=\"mailto:tim.lewis@kbra.com\" rel=\"nofollow\" shape=\"rect\">tim.lewis@kbra.com<\/a><\/p><p>\nKenneth Martens, Managing Director\n<br\/>+1 646-731-3373\n<br\/><a  href=\"mailto:kenneth.martens@kbra.com\" rel=\"nofollow\" shape=\"rect\">kenneth.martens@kbra.com<\/a><\/p><p>\nEdward Napoli, Senior Director\n<br\/>+1 646-731-1284\n<br\/><a  href=\"mailto:edward.napoli@kbra.com\" rel=\"nofollow\" shape=\"rect\">edward.napoli@kbra.com<\/a><\/p><p>\nChristine Dalton, Managing Director (Rating Committee Chair)\n<br\/>+1 646-731-1232\n<br\/><a  href=\"mailto:christine.dalton@kbra.com\" rel=\"nofollow\" shape=\"rect\">christine.dalton@kbra.com<\/a><\/p><p>\n<strong>Business Development Contact<\/strong><\/p><p>\nArielle Smelkinson, Senior Director\n<br\/>+1 646-731-2369\n<br\/><a  href=\"mailto:arielle.smelkinson@kbra.com\" rel=\"nofollow\" shape=\"rect\">arielle.smelkinson@kbra.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>NEW YORK&#8211;(BUSINESS WIRE)&#8211;#creditratingagency&#8211;KBRA assigns preliminary ratings to two classes of notes issued by Sunrun Quintus Issuer 2026-2, LLC. The transaction is collateralized by a diversified pool of 37,595 leases and power purchase agreements&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-48193","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/48193","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=48193"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/48193\/revisions"}],"predecessor-version":[{"id":48194,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/48193\/revisions\/48194"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}