Sunnova Gets OK For Ch. 11 Deal Over Solar Asset Sales
By Ben Zigterman · September 5, 2025, 4:16 PM EDT
A Texas bankruptcy judge approved a settlement Friday in the Chapter 11 case of solar panel business Sunnova that resolves a dispute about its sale of solar energy systems by transferring...
Houston-based Sunnova filed for Chapter 11 protection, saying high inflation, elevated interest rates and an industry downturn ate away at its working capital. Those struggles caused the firm to fall behind on $367 million in payments to its contractors, which find customers and oversee the installation of Sunnova's solar panel systems at their homes.
Case Number
4:25-bk-90160
Judge
Alfredo R. Perez
Venue
U.S. Bankruptcy Court for the Southern District of Texas