KBRA Releases Research – 2019 Residential Solar Loan ABS Year in Review and 2020 Outlook
NEW YORK--(BUSINESS WIRE)--Feb 12, 2020--
Kroll Bond Rating Agency (KBRA) releases its 2019 Residential Solar Loan ABS Year in Review and 2020 Outlook research report.
The residential solar loan ABS sector saw remarkable growth in 2019 as 144A and public issuance doubled to $1.35 billion from $0.68 billion in 2018. Competition among solar finance companies intensified as new lenders entered the market and companies identified ways to make the loan origination process more efficient and reduce friction for both installers and customers. KBRA’s outlook for the sector in 2020 remains positive, as loan products gain popularity over lease/PPA in residential solar financing, investors increasingly incorporate ESG factors into their investing decisions, and U.S. households are expected to remain financially healthy.
This report provides KBRA’s review of the sector in 2019 in terms of ABS supply, loan originations, collateral performance, among others, and its outlook for 2020.
To view the report, click here.
About KBRA and KBRA Europe
KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider and is a certified Credit Rating Agency (CRA) by the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe Limited is registered with ESMA as a CRA.
View source version on businesswire.com:https://www.businesswire.com/news/home/20200212005571/en/
CONTACT: Analytical Contacts:
Eric Neglia, Managing Director
Melvin Zhou, CFA, Director
Michael Pettigrew, Director
Brian Ford, Senior Director
Business Development Contact:
Ted Burbage, Managing Director
KEYWORD: NEW YORK UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE
SOURCE: Kroll Bond Rating Agency
Copyright Business Wire 2020.
PUB: 02/12/2020 10:17 AM/DISC: 02/12/2020 10:17 AM