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Sunnova Announces Offering of Shares of Common Stock

Sunnova Announces Offering of Shares of Common Stock

Vinson & Elkins advised the underwriters in connection with the pricing of Sunnova Energy International Inc.’s public offering (the “Offering”) of 5,100,000 shares of common stock, par value $0.0001 per share (the “common stock”), at a price to the public of $14.75 per share.

Sunnova has granted the underwriters a 30-day option to purchase an additional 765,000 shares of common stock. The Offering is expected to settle and close on August 16, 2023, subject to the satisfaction of customary closing conditions.

The Vinson & Elkins corporate team was led by partners David Oelman, Crosby Scofield and counsel Brett Peace, with assistance from counsel Raleigh Wolfe and associates Nina Bhatia, Chandler Jones, Phil Greenfield, Michelle Yang and Waleed Vohra. Also advising were partner Wendy Salinas and associate Jeff Slusher; partner Brian Howard and counsel Elizabeth McIntyre; partner Guy Gribov and senior associate Joe Higdon; partner Matt Dobbins and associate Kevin Moscon; and partner Damien Lyster and associate Ryan Hoeffner.

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