Sunnova Signs $3.0 Billion Loan Guarantee Agreement with U.S. Department of Energy to Expand Clean Energy Access
Each energy system will include access to Sunnova’s purpose-built technology, accessible by smart phone or other personal electronic device.
- Each energy system will include access to Sunnova’s purpose-built technology, accessible by smart phone or other personal electronic device.
- “Today marks the beginning of an exciting chapter in our pursuit of a cleaner and more equitable energy landscape.
- Sunnova anticipates the loan guarantee agreement will support over an estimated $5.0 billion in Sunnova loan originations, reduce the company’s weighted average cost of capital, and generate interest savings.
- The DOE loan guarantee agreement is issued pursuant to Title XVII of the Energy Policy Act of 2005.