Sunnova Receives Court Approval for Asset Sale to Secure Operations Under New Ownership
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Sunnova Energy International Inc. has received court approval for the sale of its assets and operations to debtor-in-possession lenders and GoodFinch Management, LLC, as part of its chapter 11 proceedings. This transaction aims to ensure long-term service continuity for customers and is expected to close in August 2025. The deal includes Sunnova's residential solar servicing platform and solar generation portfolio, in exchange for a credit bid and $25 million in cash. Existing agreements with ATLAS SP Partners remain unaffected.
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