Sunnova Enters into Definitive Agreement to Acquire SunStreet—Lennar’s Residential Solar Platform for Homebuilders
Sunnova Energy International Inc. (NYSE: NOVA) has announced a definitive agreement to acquire Lennar Corporation's (NYSE: LEN, LEN.B) residential solar platform, SunStreet.
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Sunnova Energy International Inc. ("Sunnova") (NYSE: NOVA), one of the leading U.S. residential solar and storage service providers, and Len X, LLC (“LENX”), a technology focused subsidiary of Lennar Corporation (“Lennar”) (NYSE: LEN and LEN.B), one of the nation’s leading homebuilders, announced today they have entered into a definitive agreement under which Sunnova will acquire Lennar’s residential solar platform (“SunStreet”). In addition to Sunnova’s acquisition of SunStreet, Sunnova will become Lennar’s exclusive re