Otovo’s Nomination Committee has proposed the election of William John Berger to Otovo’s Board of Directors.
Mr. Berger founded Sunnova Energy International (Sunnova) in 2012 and held the roles of Chief Executive Officer, President, and Chairman of the Board until March 2025. During his time at Sunnova, Mr Berger built the company to be a leading force in U.S. solar, pioneering several industry innovations in leasing, grid services (VPP) and maintenance services, creating more than 500,000 recurring customers, and completing a successful IPO of the company on the New York Stock Exchange in 2019.
Mr. Berger began his career optimizing power assets, later co-founding an energy tech venture fund and advising the U.S. Federal Energy Regulatory Commission. As founder of Standard Renewable Energy, he helped pioneer solar adoption for American homes and businesses. He went on to create SunCap Financial, a residential solar services firm that became the foundation for Sunnova.
He holds a Masters in Business Administration from Harvard Business School and a Bachelors degree in civil engineering from Texas A&M University, graduating cum laude.
“We are honored that John has accepted the nomination to join Otovo’s Board of Directors. John’s work in the US has been a source of inspiration while building Otovo. Our pan-European leasing product and our European Operations Centre have both drawn on pioneering concepts from the US” says Andreas Thorsheim, founder and CEO of Otovo.
“Otovo’s focus on great customer service and marketplace model stands out as one of the most scalable approaches in residential solar today. I’m impressed by Andreas’ operational leadership and the team’s clear vision, and I look forward to contributing my experience from the U.S. market to support Otovo’s mission of accelerating clean energy adoption internationally” adds John Berger on his nomination.
Thursday 5 June, Jacob Wall and Josefin Landgård announced their decision to resign from the Board of Directors. The Axel Johnson Group will continue to be represented on the Company’s Nomination Committee by Marie Strannegård.
Chair of the Board, Beatriz Malo de Molina, comments:
“We thank Josefin and Jacob for their many and significant contributions to Otovo over their time as directors and we are very pleased with the Nomination Committee’s proposal of Mr. Berger as a new member.”
The Board of Directors will call for an extraordinary General Meeting to effectuate the proposed election of Mr. Berger to Otovo’s Board of Directors.
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For further queries, please contact:
Andreas Thorsheim, Chief Executive Officer
Phone: +47 93 06 51 78
This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to the STA section 5-12.
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About Otovo: For homeowners, Otovo is the easiest way to get solar panels on the roof, and batteries in the home. Otovo is a marketplace that organizes hundreds of local, high quality and qualified energy installers. The company uses its proprietary technology to analyze the potential of any home and finds the best price and installer for customers based on an automatic bidding process between available installers.
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