Omnidian would take over management of many of the bankrupt residential solar company's existing customers should stalking ...

Sunnova announced that Omnidian may purchase the company's residential solar servicing and O&M platform for $7 million in ...

Sunnova Energy has agreed to sell part of its residential solar installation business to Omnidian for $7 million in cash and ...

Bankruptcy professionals are keeping a close eye on tariffs, the trade war with China, unrest in the Middle East, and high ...

Bond research firm KBRA, which has rated $6 billion of solar-backed securities issued by recently bankrupt Sunnova, is ...

Sunnova intends to use the proceeds from these transactions to support its operations during the chapter 11 process.

Sunnova has received Bankruptcy Court approval authorizing entry into a $90 million debtor-in-possession ("DIP") financing agreement with a group of the Company’s corporate bondholders to support ...

This announcement marks an important next step following the Company’s, and certain of its subsidiaries’, voluntary chapter 11 filings in the United States Bankruptcy Court for the Southern ...

Lenders providing the loan have also agreed to acquire Sunnova’s assets, an offer that would be subject to higher bids at a future Chapter 11 auction.

Sunnova Energy recently filed for Chapter 11 bankruptcy in South Texas to facilitate a sale of its assets and business operations.