Sunnova Energy International Inc. (NOVA)

HOUSTON--(BUSINESS WIRE)--Sunnova Energy International Inc. (“Sunnova” or the “Company”) today announced that the United States Bankruptcy Court for the Southern District of Texas (the “Court”) has confirmed the Company's Chapter 11 Plan (the “Plan”). This announcement follows the previously approved sale of substantially all of the Company's assets and business operations to Solaris Assets, LLC (“Solaris”) (the “Sale Transaction”), through which Sunnova's core operations transitioned to SunStr.

Sunnova Energy said on Wednesday that it has agreed to sell a portion of its residential solar installation business to Omnidian for $7 million in cash, along with the assumption of certain liabilities, as part of a stalking horse deal.

HOUSTON--(BUSINESS WIRE)--Sunnova Energy International Inc. (“Sunnova” or the “Company”) today announced that it has entered into a stalking horse asset purchase agreement (the “ServiceCo Stalking Horse APA”) with Omnidian Inc. (“Omnidian”), a leading provider of comprehensive protection and performance plans for residential and commercial solar and energy-storage assets. Pursuant to the ServiceCo Stalking Horse APA, Omnidian would purchase the Company's leading residential solar servicing and.

HOUSTON--(BUSINESS WIRE)--Sunnova Energy International Inc. (“Sunnova” or the “Company”) today announced that it has received approval for a series of strategic transactions intended to support a value-maximizing sale process as part of its ongoing Chapter 11 proceedings. This announcement marks an important next step following the Company's, and certain of its subsidiaries', voluntary chapter 11 filings in the United States Bankruptcy Court for the Southern District of Texas (the “Court”) on J.

The residential solar installer crumbling under the pressure of piles of debts and weak demand.

HOUSTON--(BUSINESS WIRE)--Sunnova Energy International Inc. (“Sunnova” or the “Company”) (NYSE: NOVA) today announced that on June 8, 2025, the Company and certain of its subsidiaries voluntarily filed petitions for chapter 11 relief in the United States Bankruptcy Court for the Southern District of Texas (“the Court”) to facilitate a sale process for certain of the Company's assets and business operations. The Company intends to continue operating its business in the ordinary course throughout.

NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE” or, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the common stock of Sunnova Energy International Inc. (the “Company”) — ticker symbol NOVA — from the NYSE. Trading in the Company's common stock will be suspended immediately. NYSE Regulation reached its decision that the Company is no longer suitable for listing pursuant to NYSE Listed Company Manual Section 802.0.

U.S. equities were mixed and little changed at midday as the markets awaited any news from the trade talks between the U.S. and China that began today. The S&P 500 and Nasdaq rose, but the Dow Jones Industrial Average fell.

Sunnova Energy (NYSE:NOVA), a major US residential solar and storage provider, has filed for Chapter 11 bankruptcy protection in Texas as it struggles with more than $10 billion in liabilities, weakening demand, and a downturn in the rooftop solar market. In its bankruptcy filing, Sunnova listed estimated assets and liabilities to be in the range of $10 billion to $50 billion.

One of America's largest rooftop-solar installation businesses filed for chapter 11 Monday, a stark illustration of the strains haunting the U.S. clean-energy sector as shifting federal policies shake investor confidence.

Sunnova Energy said on Sunday it had filed for Chapter 11 bankruptcy protection in the United States, as the residential solar panel installer grapples with a massive debt pile and sluggish demand.

NEW YORK--(BUSINESS WIRE)-- #KBRA--In an 8-K filing on June 5, 2025, Sunnova Energy Corporation (Sunnova)—the sponsor and originator of 24 residential solar loan and lease transactions rated by KBRA1 —disclosed that its wholly-owned subsidiary, Sunnova TEP Developer, LLC (Sunnova TEP), had filed a voluntary petition for relief under Chapter 11 of U.S. Bankruptcy Code. Sunnova also reported that its Board approved a reduction in force, effective May 30, 2025, of approximately 718 employees or 55% of its.

Sunnova Energy said on Thursday it would lay off about 55% of its workforce, or 718 employees, in a bid to rein in spending as the residential solar panel installer grapples with a massive debt pile and sluggish demand.

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--In an 8-K filing with the Securities and Exchange Commission on May 29, 2025, Sunnova Energy Corporation (Sunnova) disclosed that it had amended its Loan Guarantee Agreement with the U.S. Department of Energy (DOE) on May 22, 2025. The amendment reduced the maximum aggregate amount of partial guarantees from $3.0 billion to $371.6 million. This is equal to the total partial guarantees previously issued for Sunnova's two solar loan ABS transactions under Project Hestia.