Austin, Texas, Feb 05 — Otovo, a leading home energy service provider, today announced it has entered into an agreement with Freedom Power to acquire the rights to service the limited warranties of its commercial solar portfolio, which consists of more than 400 commercial systems, representing approximately 70 MW of capacity. The acquisition marks Otovo’s strategic entry into the commercial solar and storage market.
Additionally, Otovo will have the opportunity to provide repair and maintenance services to Freedom Power’s commercial portfolio and its residential customers in Colorado.
Freedom Power is a commercial and residential power solutions company that provides heating and cooling, battery backup, solar power, and generator solutions for homes in the states of Texas and Florida, and businesses around the country.
“Otovo is expanding into the commercial solar repair industry as we continue to grow our footprint and service offering,” said William J. (John) Berger, CEO of Otovo. “This is our fourth announced acquisition in the past few months, in addition to several smaller customer book transactions, and continues our steady march to grow Otovo into the leading global home and commercial energy service provider. The commercial market is an ideal fit for Otovo’s AI-native Endurance™ platform because it provides a high-quality rapid-response service, which is exactly what commercial customers demand to keep their business up and running.”
“This agreement with Otovo gives our customers access to best-in-class operations and maintenance, ensuring their systems are serviced with long-term performance in mind,” said Bret Biggart, CEO of Freedom Power. “With Freedom Power continuing to install commercial solar projects and Otovo providing a dedicated, responsive service offering, our customers can be confident in the reliability of their solar assets.”
Otovo’s AI-native Endurance™ platform can triage issues and route the right crew in real time, connecting technicians, trucks, and installed devices into a single responsive network. The live tracking function closes the loop with customers, while optimized routing raises first‑time‑fix rates while cutting travel.
Otovo anticipates this transaction to be accretive to its net income in 2026. The agreement is subject to standard closing conditions, including completion of due diligence and no material adverse changes.