Sunnova Receives Court Approval of Chapter 11 Plan

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HOUSTON--(BUSINESS WIRE)--Nov 12, 2025--

Sunnova Energy International Inc. (“Sunnova” or the “Company”) today announced that the United States Bankruptcy Court for the Southern District of Texas (the “Court”) has confirmed the Company’s Chapter 11 Plan (the “Plan”).

This announcement follows the previously approved sale of substantially all of the Company’s assets and business operations to Solaris Assets, LLC (“Solaris”) (the “Sale Transaction”), through which Sunnova’s core operations transitioned to SunStrong Management, LLC (“SunStrong”), a full-service asset manager for the renewables industry. Under Solaris’ ownership, SunStrong’s experienced management team continues to lead day-to-day operations, maintaining high-quality service and support for customers and partners.

Pursuant to the terms of the Plan, a Creditor Trustee will be appointed to distribute the proceeds of the Sale Transaction to creditors and conduct an orderly wind down of the Company’s remaining business operations. Confirmation of the Plan represents the next step in Sunnova’s restructuring process, positioning the Company’s estate to maximize value for all stakeholders and conclude its chapter 11 proceedings.

Additional information regarding the Company’s Chapter 11 process is available at https://restructuring.ra.kroll.com/Sunnova. Stakeholders with questions can contact the Company’s claims agent, Kroll, by calling (888) 975-5436 (U.S. and Canada toll free) or +1 (646) 930-4686 (International) or emailing [email protected].

Advisors
Kirkland & Ellis LLP and Bracewell LLP are serving as legal counsel, Alvarez & Marsal is serving as financial advisor, Moelis & Company LLC is serving as investment banker, and C Street Advisory Group is serving as strategic communications advisor to the Company.

About Sunnova
Sunnova Energy International Inc. is an industry-leading adaptive energy services company focused on making clean energy more accessible, reliable, and affordable for homeowners and businesses. Through its adaptive energy platform, Sunnova provides a better energy service at a better price to deliver its mission of powering energy independence™. For more information, visit http://www.sunnova.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20251110916669/en/

CONTACT: Sunnova Contact

C Street Advisory Group

[email protected]

KEYWORD: TEXAS UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: ALTERNATIVE ENERGY ENERGY OTHER ENERGY UTILITIES

SOURCE: Sunnova Energy International Inc.

Copyright Business Wire 2025.

PUB: 11/12/2025 09:58 AM/DISC: 11/12/2025 09:57 AM

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