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Sunnova Cleared To Sell Assets To Lenders In Ch. 11

By Alex Wittenberg · July 31, 2025, 2:11 PM EDT

Solar panel business Sunnova Energy International Inc. secured a Texas bankruptcy judge's blessing Thursday to sell almost all of its assets to a group of lenders for about $118 million....

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Bankruptcy Scorecard

Summary

Houston-based Sunnova filed for Chapter 11 protection, saying high inflation, elevated interest rates and an industry downturn ate away at its working capital. Those struggles caused the firm to fall behind on $367 million in payments to its contractors, which find customers and oversee the installation of Sunnova's solar panel systems at their homes.

Case Number

4:25-bk-90160

Judge

Alfredo R. Perez

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

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Case Information

Case Title

Sunnova Energy International Inc.

Case Number

4:25-bk-90160

Court

Texas Southern

Nature of Suit

Date Filed

June 08, 2025

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