A Stronger Future Under New Ownership
Through Sunnova’s
court-supervised chapter 11 sale process, new owners have
acquired substantially all of Sunnova’s assets and
operations. Importantly, as part of the sale transaction,
SunStrong Management, an experienced full-service asset
manager for the renewables industry, has assumed
responsibility for the servicing of the accounts for
substantially all in-service customer systems, ensuring
continuity of operations and support for customers.
You can read more
about the transition here.
By bringing together
SunStrong’s asset management expertise with Sunnova’s
nationally scaled customer base, the combined business will
expand its footprint as a premier solar asset servicer and
advance the future of renewable energy.
Who is SunStrong
SunStrong Management is a
full-service asset manager for the renewables industry.
SunStrong will serve as the asset manager for the portfolio of
residential solar leases, loans, and power purchase agreements.
Led by seasoned residential solar industry veterans, SunStrong
exclusively focuses on management of existing solar assets,
providing a suite of offerings to both solar asset owners and
financial counterparties.
What This Means for You
SunStrong is focused on providing
reliable and customer-focused service, maintaining high levels
of quality with minimal disruption for Sunnova’s existing
customers. No action is required from customers and partners at
this time, and we remain committed to delivering transparent and
timely communication through the transition.
For additional information,
please refer to the below frequently asked questions.
To learn more about Sunnova’s chapter 11 process, please visit https://www.sunnova.com/lp/financialrestructuring or the restructuring site at https://restructuring.ra.kroll.com/Sunnova