Sunnova's $118M Sale Can Proceed Despite Bank's Protest

By Ben Zigterman · August 19, 2025, 3:14 PM EDT

A Texas bankruptcy judge Tuesday declined to undo a $118 million sale of almost all the assets of solar panel business Sunnova Energy International Inc., rejecting a St. Louis-area bank's argument that...

To view the full article, register now.
Try a seven day FREE Trial

Already a subscriber? Click here to login

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

View Full Scorecard

Related Sections

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

Recent Articles By Ben