Q. What should I say to candidates currently in the hiring process?
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The transaction presents an opportunity to create a best-in-class home solar and battery company by combining Sunrun, one of the nations leading home solar, battery storage and energy services companies, with Vivint Solar.
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Until the deal closes, we will continue to operate as two independent companies. We have critical operating needs
that require our posted positions to be filled and are not slowing our recruiting efforts. Were excited to work with you!
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Forward-Looking Statements
This communication contains
forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 including, but not limited to, statements based upon or relating to Sunrun Inc.s, a Delaware corporation (Sunrun) and Vivint Solar,
Inc.s, a Delaware corporation (Vivint Solar) expectations or predictions of future financial or business performance or conditions. Forward-looking statements generally relate to future events or future financial or operating
performance. In some cases, you can identify forward-looking statements by terms such as may, will, should, would, expects, plans, anticipates, could,
intends, target, projects, contemplates, believes, estimates, predicts, potential, will be, will likely result or
continue or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions. Forward-looking statements may include, but are not limited to, statements concerning the
expected benefits of the transaction; cost synergies and opportunities resulting from the transaction; Sunruns leadership position in the industry; the availability of rebates, tax credits and other financial incentives including solar
renewable energy certificates, or SRECs, and federal and state incentives; regulations and policies related to net metering and interconnection limits or caps and decreases to federal solar tax credits; determinations by the Internal Revenue Service
of the fair market value of Sunruns and Vivint Solars solar energy systems; changes in regulations, tariffs and other trade barriers and tax policy; the retail price of utility-generated electricity or electricity from other energy
sources; federal, state and local regulations and policies governing the electric utility industry and developments or changes with respect to such regulations and policies; the ability of Sunrun and Vivint Solar to manage their supply chains
(including the availability and price of solar panels and other system components and raw materials) and distribution channels and the impact of natural disasters and other events beyond their control; the ability of Sunrun and Vivint Solar and
their industry to manage recent and future growth, product offering mix, and costs (including, but not limited to, equipment costs) effectively, including attracting, training and retaining sales personnel and solar energy system installers;
Sunruns and Vivint Solars strategic partnerships and expected benefits of such partnerships; the sufficiency of Sunruns and Vivint Solars cash, investment fund commitments and available borrowings to meet anticipated cash
needs; the need and ability of Sunrun and Vivint Solar to raise capital, refinance existing debt and finance their respective obligations and solar energy systems from new and existing investors; the potential impact of interest rates on
Sunruns and Vivint Solars interest expense; the course and outcome of litigation and investigations and the ability of Sunrun and Vivint Solar to consummate the transactions contemplated by the definitive transaction agreement in a
timely manner or at all. These statements are not guarantees of future performance; they reflect Sunruns and Vivint Solars current views with respect to future events and are based on assumptions and estimates and subject to known and
unknown risks, uncertainties and other factors that may cause actual results, performance or achievements