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Home KBRA Assigns Preliminary Ratings to Sunnova SOL VII Issuer, LLC, Series 2024-2

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KBRA Assigns Preliminary Ratings to Sunnova SOL VII Issuer, LLC, Series 2024-2

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to two classes of notes issued by Sunnova SOL VII Issuer, LLC, Series 2024-2. The transaction is collateralized by a diversified pool of 17,303 leases and Power Purchase Agreements (PPAs) associated with residential solar photovoltaic installations (PV Systems), some of which have energy storage equipment. The total aggregate discounted solar asset balance (ADSAB) based on a discount rate of 6.0% (PV6 ADSAB), consisting of the discount...

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