Sunnova Energy files Chapter 11 bankruptcy; expects NYSE delisting

Sunnova Energy International Inc.

Filed voluntary Chapter 11 petitions on June 8, 2025, in Southern District of Texas.
Debtors include Sunnova Energy Corp. and Sunnova Intermediate Holdings; cases to be jointly administered.
Filing triggers acceleration of obligations under multiple indentures and warehouse credit agreements.
Company expects NYSE delisting notice and will not appeal; common stock likely to be delisted.
Cleansing Materials project $11.6B total unlevered free cash flows from ABS transactions through 2049.

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