Sunnova Energy Corporation, a Houston, TX-based residential solar + battery storage service provider, closed a $100m equity investment.
Quantum Strategic Partners Ltd., a private investment vehicle advised by Soros Fund Management that focuses on long-duration investments globally, provided the financial resources.
Since its inception in 2012, Sunnova has raised over $2.5 billion through a diverse range of funding sources, including tax equity, debt and corporate equity, from institutional investors, private equity firms and major Wall Street banks.
Founded in 2012 and led by William J. (John) Berger, Chief Executive Officer, Sunnova is a U.S. residential solar + battery storage service provider with nearly 60,000 customers across the U.S and its territories, including Guam, Puerto Rico and the Northern Mariana Islands.