Captona, an energy investment firm in North America, has announced a preferred equity investment through a project finance partnership with Sunrun, America’s largest provider of home battery storage, solar and home-to-grid power plants.
Through the partnership, Captona has invested preferred equity at the individual project level in 9,400 residential solar and battery storage projects across more than 20 states, representing 74 megawatts of solar generation and 110 megawatt-hours of battery storage.
Preferred equity investment vehicles are the latest innovation in project finance structures for renewable infrastructure assets, facilitating efficient tax credit monetization and senior debt placements.
“Our partnership with Sunrun marks the next chapter in Captona’s evolution as a premier investment partner in the energy transition,” said Izzet Bensusan, founder and CEO of Captona. “We’re proud to work alongside one of the largest companies in the sect
