Wednesday, June 11, 2014

Sunnova Energy Raises $145M For Solar Installations

Houston-based Sunnova Energy Corporation, which provides solar installation and related services to homeowners, said today that it has raised $145M in a funding round. Source of the new funding was not disclosed. According to Sunnova, it will use the new financing for customer acquisition and market growth. Sunnova is led by William J. (John) Berger. The company claimed that it now provides solar service in more states and U.S. territories than any other provider. Sunnova taps a network of local installers for its network, but handles the solar service agreements with the homeowners directly. More information »