Sunnova Energy International, a residential solar and energy storage service provider, announced the pricing of its securitization of leases and power purchase agreements. The single-tranche securitization consists of $319 million in A- (sf) rated 2.58% notes at a 76.4% advance rate, representing a spread to the benchmark swap rate of 140 bps. The A-rated notes carry a weighted average life of approximately 7.46 years through the anticipated repayment date of April 30, 2031, and have a final maturity of April 28, 2056. The notes are backed by a diverse portfolio of over 20,900 solar rooftop systems distributed across 18 states, Guam, Puerto Rico, and the Northern Mariana Islands. The weighted average customer FICO score of the related customers at the time of origination is approximately 740.