News Releases

Baker Botts Represents Sunnova Energy International Inc. in Securitization of Residential Solar and Battery Loan Agreements


Deal Description: Sunnova Energy International Inc. (“Sunnova”) (NYSE: NOVA), a leading U.S. residential solar and energy storage service provider, announced today the pricing of its fourth solar loan securitization and its tenth residential solar securitization.

The securitization includes $106.2 million in AA- (sf) rated 1.62% notes and $106.2 million in A- (sf) rated 2.01% notes with an Anticipated Repayment Date of July 20, 2028 and a final maturity of July 20, 2048.

The notes are backed by a diverse portfolio of 6,435 solar rooftop systems distributed across 19 states and territories. The transaction is expected to close by July 28, 2021, subject to customary closing conditions.

Baker Botts L.L.P. represented Sunnova in the transaction.

For more information, please see Sunnova’s news release by clicking here.

Baker Botts Lawyers/Office Involved:

Baker Botts is an international law firm whose lawyers practice throughout a network of offices around the globe. Based on our experience and knowledge of our clients' industries, we are recognized as a leading firm in the energy, technology and life sciences sectors. Since 1840, we have provided creative and effective legal solutions for our clients while demonstrating an unrelenting commitment to excellence. For more information, please visit

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