U.S. Solar Giant Sunrun Is About to Become a Rooftop Juggernaut

July 7, 2020, 9:00 AM UTC

Sunrun Inc., America’s biggest rooftop-solar company, is set to become a behemoth through its $1.46 billion takeover of a major rival, Vivint Solar Inc.

The agreement, announced late Monday and subject to approvals, is one of the industry’s biggest, following Tesla Inc.’s 2016 purchase of debt-plagued SolarCity Corp., as well as the failed 2015 acquisition of Vivint by SunEdison Inc., the clean-energy giant that went bankrupt soon after.

The second major U.S. energy deal in as many days -- following Berkshire Hathaway Inc.’s $4 billion purchase of Dominion Energy Inc. assets -- also threatens to further weaken ...

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