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Reported Earlier, Sunnova Enters Chapter 11 To Facilitate Value-Maximizing Asset Sale, Continues Customer Service Without Disruption

Author: Benzinga Newsdesk | June 10, 2025 02:52am

Files voluntary petitions for chapter 11 with support of key financial stakeholders
Continues to service and manage customers' solar and storage systems in the ordinary course of business at this time
Receives interim Court approval on "First Day Motions" to enable continued operations
Enters into Asset Purchase Agreement with ATLAS SP Partners and Solar Power System Purchase Agreement with Lennar Homes, LLC to secure new capital to support operations

Posted In: NOVA