Sunnova Energy launches primary and secondary offering of shares of common stock
HOUSTON: Sunnova Energy International Inc. has launched an underwritten public offering of 7.0 million shares of Sunnova’s common stock, par value $0.0001 per share, which consists of 3.5 million shares of common stock offered by Sunnova and 3.5 million shares of common stock offered by a fund affiliated with Newlight Partners.
Sunnova intends to grant the underwriters a 30-day option to purchase an additional 525,000 shares of common stock, and the Selling Stockholder intends to grant the underwriters a 30-day option to purchase an additional 525,000 shares of common stock.
Goldman Sachs & Co. LLC, BofA Securities, J.P. Morgan and Credit Suisse are acting as joint book-running managers of the Offering.
Sunnova Energy International Inc. (NYSE: NOVA) is a leading residential solar and energy storage service provider, with customers across the U.S. and its territories.
Sunnova’s goal is to be the source of clean, affordable and reliable energy, with a simple mission: to power energy independence so that homeowners have the freedom to live life uninterrupted.
About The Author
