Green Bond Fact Sheet

A fact sheet detailing a USD 466 million solar asset-backed security (ABS) issuance by Vivint Solar on June 11, 2018, which is noted as the largest solar securitisation to date.

• On June 11, 2018, Vivint Solar issued USD 466 million in two tranches, including USD 345 million in private placement. The issuance is categorized as a Solar ABS with a maturity date of April 30, 2048, and a tenor of 29.9 years.
• The issuance is identified as the largest solar securitisation to date. The underlying portfolio is composed of 95% Power Purchase Agreements (PPA) and 5% lease agreements based on the aggregate discount solar asset balance (ADSAB) of Host Customer Solar Assets.
• The Climate Bonds Initiative notes that solar ABS issuance in 2018, up to the date of the report, already represents 80% of the total volume seen in 2017.

APA

Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-06%20US%20Vivint%20Solar.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-06%20US%20Vivint%20Solar.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=24 June 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-06%20US%20Vivint%20Solar.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2018green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2018}, month = jun, url = {https://www.climatebonds.net/files/drupal-files/files/2018-06%20US%20Vivint%20Solar.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }