SunRun signs on as official sponsor for New York Yankees
Participating in this sponsorship deal:
About Sponsor:
Sunrun Inc. is a United States-based provider of residential solar electricity, headquartered in San Francisco, California. The company operates in ten states: Arizona, California, Colorado, Hawaii, Massachusetts, Maryland, New Jersey, New York, Pennsylvania, and Oregon. Sunrun was co-founded in January 2007 by Nat Kreamer,Ed Fenster and Lynn Jurich. Fenster and Jurich met while at Stanford Graduate School of Business and currently serve as the firm's CEO and President respectively. The company uses a Power Purchase Agreement business model whereby homeowners pay for electricity usage but do not buy solar panels outright, reducing the initial capital outlay required by the homeowner. Along with a solar power purchase agreement, Sunrun also offers a solar lease program. Sunrun is responsible for installation, maintenance, monitoring and repairs.
About Property:
The New York Yankees are a professional baseball team based in the The Bronx, New York. They compete in Major League Baseball in the American League's East Division. One of the American League's eight charter franchises, the club was founded in Baltimore, Maryland in 1901 as the Baltimore Orioles and moved to New York City in 1903 as the New York Highlanders before becoming the Yankees in 1913. From 1923 to 2008, the Yankees' home ballpark was Yankee Stadium; in 2009, they moved into a new ballpark, also called Yankee Stadium.