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Sunnova Formally Announces Launch of Initial Public Offering, Expected Share Price
July 12,2019 Sunnova Energy International Inc. today announced that it has launched the initial public offering of 17,647,059 shares of its common stock. The underwriters will have a 30-day option to purchase an additional 2,647,059 shares from Sunnova at the initial public offering price, less underwriting discounts and commissions. The initial public offering price is expected to be between $16.00 and $18.00 per share. The shares have been approved for listing on the New York Stock Exchange under the ticker symbol "NOVA." Sunnova is a residential solar and energy storage service provider, serving more than 63,000 customers in more than 20 U.S. states and territories.
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