Sunnova Closes Securitization of Residential Solar Systems

Sunnova Energy International Inc. (“Sunnova”) (NYSE: NOVA), a leading U.S. residential solar and energy storage service provider, announced today it has closed its securitization of leases and power purchase agreements. “We are extremely pleased with the excellent terms and strong market support we received in this transaction, with the market recognizing the value and importance of service for solar offerings,” said William J. (John) Berger, Chief Executive Officer of Sunnova. “The favorable terms we were able to secure for our latest capital markets securitization transaction is a direct result of our proven track record on prior securitizations as well as our continued focus on the customer. We provide service across all contracts we execute, whether loan, lease, or PPA, to better provide our customers with a viable energy service now and for the life of their contract.