Sunnova Energy International Inc. (NOVA) Reports Q1 Loss of $0.85/sh
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Sunnova Reports First Quarter 2020 Financial Results; Reaffirms 2020 Guidance; Solidifies Strong Capital Position
May 14, 2020 10:48 AM EDTFirst Quarter 2020 Highlights
Added approximately 6,800 customers in the first quarter of 2020, bringing total customer count to 85,400 as of March 31, 2020; Increased storage attachment rate on origination to 30% in the first quarter of 2020; Closed a private placement of convertible debt for up to $190 million and an additional privately negotiated exchange of $55 million of our existing convertible debt for an equal principal amount; and Reaffirmed full-year 2020 guidance despite recent public health and economic challenges.HOUSTON--(BUSINESS WIRE)-- Sunnova Energy International Inc. ("Sunnova") (NYSE:... More
