Sunnova Energy Obtains $300,000,000 New Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9c449a5b-eec1-4eb2-a4f3-c3c80a2f4a1a
Date
3/21/2016
Company Name
Sunnova Energy
Mailing Address
20 Greenway Plaza Houston, TX 77046 USA
Company Description
Sunnova’s mission is to be the most reliable and efficient solar service provider of worry-free, low-cost solar power to homeowners. Pay a low, fixed rate for clean energy. Sunnova takes care of the rest. No maintenance, no worries.
Website
http://www.sunnova.com
Transaction Type
Venture Equity
Transaction Amount
$300,000,000
Transaction Round
Undisclosed
Proceeds Purposes
Sunnova will use the funds to continue the company’s impressive growth in the residential solar market. Sunnova partners with local installers to invest in assets to provide affordable solar power to homeowners while creating job opportunities nationwide.
M&A Terms
Venture Investor
Energy Capital Partners