Filed by Vivint Solar, Inc.
pursuant to Rule 425 under the Securities Act of 1933
and deemed filed pursuant to Rule 14a-12
under the Securities Exchange Act of 1934
Subject Company:
Vivint Solar, Inc.
( SEC File No.: 001-36642)
Date: July 20, 2020
The following
communication was made by David Bywater, CEO of Vivint Solar, Inc. beginning on July 20, 2020.
Article on LinkedIn:
Sunrun Announces Definitive Agreement to Acquire Vivint Solar for an Enterprise Value of $3.2 billion
Earlier this month, we reached an agreement to be acquired by Sunrun, a leading provider of residential solar, battery storage and energy services.
This transformational combination between Vivint Solar and Sunrun will help accelerate the realization of our joint mission of bringing clean, affordable,
resilient energy to every home across the country. Joining forces with Sunrun will allow us to reach a broader set of customers and expedite the pace of clean energy adoption and grid modernization.
With shared knowledge to create better, more affordable products and services, the combined company will enable us to address the urgent need to decarbonize
our energy system by making home solar and batteries more accessible to households across the country.
Current Vivint Solar customers homes are
playing an important part in creating a better energy system where power is generated on-site and shared with neighbors, reducing the need for far-away, polluting power
plants and expensive utility lines. I thank them for choosing Vivint Solar as their clean energy provider and for playing such an important role in building a more sustainable energy system. They will always be our
top-priority and nothing will change regarding their service or care due to this exciting development. Until the transaction closes, both Vivint Solar and Sunrun will continue to operate as separate companies.
I couldnt be more excited about the opportunities that lie ahead for our employees, customers, and the solar industry. Onward and upward!
David Bywater, CEO of Vivint Solar
View Press Release