On July 31, Sunnova Energy, an American residential solar company, announced that it had been approved by the court to sell almost all its assets and business operations to a temporary group of debtor-in-possession financing lenders. At the same time, it received $ 90 million in DIP financing to support its operations during the sale process.
It is understood that, The deal involves the sale of Sunnova's residential solar services, Operations and Maintenance (O & M) platforms and solar power and " it is worth noting that," Less than a month before the sale , the company also reached a "fake horse asset purchase agreement" with Omnidian, a residential, commercial and industrial (C & I) solar power plant performance evaluation company. At that time, it planned to buy Sunnova's assets for $ 7 million.
According to DataBM,
in February 2025, it first announced a 15% layoff, and then in June, the troubled Sunnova and its subsidiaries filed for bankruptcy protection, and then laid off about 55%, or 718 employees. (For details, please click: ① PV TOP3 leading subsidiary files for bankruptcy ;