Solar Service Co. Sunnova Raises $300M In Financing Round

By Maya Rajamani (October 22, 2015, 7:32 PM EDT) -- Rooftop solar service provider Sunnova Energy Corp. on Thursday said it raised about $300 million in committed debt and equity funding, bringing its total amount raised to nearly $900 million.

The Houston-based company said it would use the funds to continue to expand in presence in the market for residential solar energy service.

"We are pleased to partner with these world-class energy investors to continue Sunnova's momentum and fund our growth in the global power industry," said Sunnova CEO William J. Berger. "We are eager to leverage the experience and resources that these energy leaders bring to the table."

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