Sunnova Energy International Inc Stock News

AUSTIN--(BUSINESS WIRE)--SunStrong Management, LLC (“SunStrong”), an independent full-service asset manager for renewable energy portfolios, today announced it has been retained by Solaris Assets and affiliates (“Solaris”) to manage the residential solar servicing and operations portfolio acquired from Sunnova Energy International Inc. (“Sunnova”). The integration significantly expands SunStron...

HOUSTON--(BUSINESS WIRE)--Solaris Assets, LLC and certain of its affiliates (collectively, “Solaris”), which are entities formed by an ad hoc group of debtor-in-possession (“DIP”) financing lenders and affiliates or entities controlled by GoodFinch Management, LLC (“GoodFinch”), today announced that they have completed the acquisition of substantially all the assets and business operations of S...

HOUSTON--(BUSINESS WIRE)--Sunnova Energy International Inc. (“Sunnova” or the “Company”) today announced that the U.S. Bankruptcy Court for the Southern District of Texas (the “Court”) has approved the sale of substantially all of its assets and business operations (the “Sale Transaction”) to an ad hoc group of debtor-in-possession lenders (the “Ad Hoc Group”) and affiliates or entities control...

Seattle-based Omnidian, which manages solar power performance and services panels for commercial and residential installations, announced it aims to acquire part of bankrupt solar company Sunnova Energy International's business for $7 million.

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 Servic...

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 ...

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