Demystifying Credit: Residential Solar ABS Transactions

In our new publication series, "Demystifying Credit", we unpack a credit topic in structured finance. In the first instalment, we shed light on solar asset-back securities (ABS) transactions and explore the following:

-- What are residential solar ABS transactions?
-- Why do solar ABS transactions exist and how do they operate?
-- What are the recent developments in the European and UK solar ABS securitisation market?
-- What are the unique traits of solar ABS contracts and what is their influence on credit considerations?
-- What are our key analytical considerations in rating solar ABS transactions?