Lennar Corp (STU:LNN)
€ 164.96 -0.54 (-0.33%) Market Cap: 44.56 Bil Enterprise Value: 44.10 Bil PE Ratio: 11.50 PB Ratio: 1.72 GF Score: 95/100
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Sunnova Energy International Inc will Acquire Lennar Corp's Residential Solar Platform SunStreet - M&A Call Transcript

Feb 17, 2021 / 01:30PM GMT
Release Date Price: €70.5 (-4.73%)
Operator

Good morning, and welcome to the Sunnova acquisition of SunStreet conference call. Today's call is being recorded, and we will have allocated an hour for prepared remarks and question and answer.

At this time, I would like to turn the conference over to Rodney McMahan, Vice President, Investor Relations at Sunnova. Thank you. Please go ahead.

Rodney McMahan
Sunnova Energy International Inc. - Investor Relation Officer

Thank you, operator. This morning, it was announced Sunnova has entered into a definitive agreement to acquire SunStreet from Lennar Corporation. The details of this transaction can be found in a press release issued just before 7:00 a.m. Eastern Time earlier today.

Joining me this morning are John Berger, Sunnova's Chairman and Chief Executive Officer; and Stuart Miller, Lennar's Executive Chairman.

Before we begin, let me remind everyone that this call may contain forward-looking statements. These include remarks about future expectations, beliefs, estimates, plans and prospects. Such statements are subject to a

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