Asset Sale

Alamos Gold will sell its Turkish assets for $470 million to Tümad, payable over two years with bank guarantees. This strategic divestiture allows Alamos to focus on North American growth projects like Island Gold and Lynn Lake, reduce debt, and resolve pending arbitration. The transaction is expected to close in Q4 2025, pending regulatory approval. Proceeds will fund expansion projects and strengthen the balance sheet. Although exiting the Turkish market, the deal offers a secure financial return and a de-risked portfolio.

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.