Deal Description: On August 13, 2020, Sunnova Energy International Inc. priced its secondary offering of 10,000,000 shares of its common stock by certain of its stockholders, including affiliates of Energy Capital Partners (collectively, the “Selling Stockholders”) at a price to public of $25.00 per share. The underwriters will have a 30-day option to purchase an additional 1,500,000 shares from certain of the Selling Stockholders. The offering is expected to close on August 18, 2020, subject to customary closing conditions.
Sunnova is not offering any shares of its common stock in the Offering and will not receive any proceeds from the sale of shares by the Selling Stockholders in the Offering.
Baker Botts L.L.P. represented Sunnova in the transaction.
Baker Botts Lawyers/Office Involved:
Advisory Counsel: Danny David (Partner, Houston)
For more information, please see Sunnova’s news release by clicking here.
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