Project Hestia (residential solar loan expansion)
Baker Botts represented Sunnova. DOE partial loan guarantee for residential clean energy access.
$3.00B
Deal Value
Solar
Technology
Multi-state
Location
Deal Details
- Deal Type
- Project Finance
- Seller / Sponsor
- Sunnova Energy International
- Buyer / Financier
- US Department of Energy (LPO)
- Deal Value
- $3B
- Stage
- Unknown
- Source
- Industry Source
Capital Structure
$3.00B
Total transaction value
Tranches
- DOE Partial Loan Guarantee · U.S. Department of Energy (Loan Programs Office)
- $3.00B
- Guaranteed Term Loans · U.S. Department of Energy (90% guarantee)
- $3.30B
Service Providers
Advisory & Legal
- borrowerCounsel
- Baker Botts
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