M&A Deal Summary

Sunnova Acquires SunStreet

On April 1, 2021, Sunnova acquired renewable energy company SunStreet

Acquisition Highlights
  • This is Sunnova’s 1st transaction in the Renewable Energy sector.
  • This is Sunnova’s 1st transaction in the United States.
  • This is Sunnova’s 1st transaction in Texas.

M&A Deal Summary
Date 2021-04-01
Target SunStreet
Sector Renewable Energy
Buyer(s) Sunnova
Deal Type Add-on Acquisition

Target

SunStreet

Houston, Texas, United States
SunStreet is a residential solar and energy storage service provider. SunStreet brings state-of-the-art solar technology to every new home in our solar standard communities. SunStreet was founded in 2013 and is based in Houston, Texas.

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Buyer(S) 1

Buyer

Sunnova

Houston, Texas, United States
Category Company
Founded 2012
Sector Renewable Energy
Employees2,047
Revenue 721M USD (2023)
DESCRIPTION

Sunnova is a residential solar and energy storage service provider with customers across the U.S. and its territories. Sunnova's goal is to be the source of clean, affordable, and reliable energy with a simple mission: to power energy independence so that homeowners have the freedom to live life uninterrupted. Sunnova was founded in 2012 and is based in Houston, Texas.

DEAL STATS #
Overall 1 of 1
Sector (Renewable Energy) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
Mergr

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