Asset Sale

Sunnova Energy has filed for Chapter 11 bankruptcy on June 8, 2025, aiming to sell assets and secure its future via a court-supervised process expected to take about 45 days. Agreements with TEPH Subsidiary and Lennar Homes will provide liquidity during the process. Existing tax equity partnerships and asset-backed securities are largely unaffected. Sunnova will continue operations and customer service, with interim court approvals in place to ensure continuity.