Jan 18, 2026 2 min read 0 views

Sunrun Stock Climbs Following Joint Venture Announcement

Sunrun Inc.'s stock rose 6.11% after announcing a $500 million joint venture with HASI to finance distributed energy assets across the U.S.

Sunrun Stock Climbs Following Joint Venture Announcement

The share price of Sunrun Inc. rose by 6.11% during the week of January 7 to January 14, 2026. This increase placed the company among the energy stocks that gained the most during that period.

Sunrun Inc. is the leading provider of clean energy as a subscription service in the United States. It offers residential solar and energy storage without requiring upfront costs from customers.

On January 6, the company announced it had finalized a joint venture agreement with HA Sustainable Infrastructure. The agreement is designed to finance distributed energy assets nationwide. HASI will invest up to $500 million into the joint venture over the next 18 months. The investment aims to finance more than 300 megawatts of capacity across over 40,000 home power plants in the country.

This structured equity investment allows HASI to monetize a portion of the long-term customer cash flows generated by the underlying assets. Sunrun will retain significant long-term ownership and gain greater flexibility with its senior project debt.

Danny Abajian, the Chief Financial Officer of Sunrun Inc., provided a statement. "This innovative financing structure with HASI is a first-of-a-kind for residential storage and solar financing," Abajian said. "We appreciate the collaboration with the HASI team and continued innovation to unlock additional value for both companies along with our customers across the country. This partnership provides for an efficient capital structure, which we anticipate will allow aggregate proceeds that are equal to or better than Sunrun’s traditional financing arrangements. This structure is consistent with our strategy to utilize various structures and a diverse set of capital providers to finance our growth."

Last year, Sunrun Inc. posted gains of almost 99%. This performance ranked it among the 11 best performing energy stocks in 2025.

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