Sunnova Energy International Inc.: M&A transaction — Sunnova closes sale of solar system assets to Lennar for $15.2M cash

Sunnova Energy International Inc.

Transaction closed June 16, 2025; Lennar acquired installed PV systems, storage systems, and related assets.
Cash consideration of approximately $15.2 million; purchase price amended via amendment dated June 16, 2025.
Sellers include Sunnova Energy Corp, MoonRoad Services, TEP 8-A, and TEP Developer; Lennar assumed customer leases and purchase contracts.
Previously disclosed on June 9, 2025; amendment added additional sellers and updated Exhibit 1.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Sunnova Energy International Inc. completed a disposition involving Lennar Homes, LLC for approximately $15.2 million (closed 2025-06-16).

Action: disposition
Counterparty: Lennar Homes, LLC
Consideration: approximately $15.2 million
Closing: 2025-06-16

Exact text from the filing

terms of the Solar Power System Purchase Agreement, as amended, Lennar acquired the New Home WIP Assets for aggregate consideration in an amount in cash equal to approximately $15.2 million. The foregoing summary of the Solar Power System Purchase Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Solar

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Source: SEC EDGAR

accession 0001772695-25-000114

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