Sunnova Energy International (NYSE: NOVA) has closed its initial public offering of 14,000,000 shares of its common stock. According to the update, the offering resulted in gross proceeds of approximately $168 million for Sunnova, with each of the shares sold at the public offering price of $12.00. The company has granted the underwriters a 30-day option to purchase an additional 2,100,000 shares at the initial public offering price. The shares began trading on the New York Stock Exchange under the ticker symbol “NOVA” on July 25, 2019. ROTH Capital Partners acted as co-manager for the offering.
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About Sunnova Energy International, Inc.
Sunnova is a leading residential solar and energy storage service provider, serving more than 63,000 customers in more than 20 U.S. states and territories. The company’s goal is to be the leading provider of clean, affordable and reliable energy for consumers, and it operates with a simple mission: to power energy independence. For more information, please visit www.Sunnova.com.
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