Sunnova reduces DOE guarantee to $371.6M; CEO gets $313.7K special bonus

Sunnova Energy International Inc.

DOE loan guarantee ceiling cut from $3.00B to $371.61M, matching all previously issued partial guarantees for securitizations.
Company stopped requesting guarantees in 2024 due to shift from solar loans to leases and power purchase agreements.
CEO Paul Mathews awarded $313,721 bonus contingent on continuous employment and good standing through Dec 31, 2025.
Interim CFO Robyn Liska signed executive severance agreement on May 28, 2025, with no non-compete provision.

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