Sunnova Gets Court Approval on Bankruptcy Plan

Dow Jones

2025/11/12

By Nicholas G. Miller

Sunnova received court approval for its bankruptcy plan to distribute proceeds of a previously approved sale and wind down its operations, the company said Wednesday.

In September, the residential solar company sold its assets and business operations to Solaris Assets and its core operations transitioned to SunStrong Management, an asset manager for the renewables industry.

The bankruptcy plan stipulated that a creditor trustee will be appointed to distribute the proceeds of the sale to creditors and conduct an orderly wind down of the company's remaining business operations.

In June, Sunnova filed for bankruptcy, citing rising debt and weakening residential solar demand in the U.S.

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

(END) Dow Jones Newswires

November 12, 2025 10:25 ET (15:25 GMT)

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Miller \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Sunnova received court approval for its bankruptcy plan to distribute proceeds of a previously approved sale and wind down its operations, the company said Wednesday. \n</p>\n<p>\n  In September, the residential solar company sold its assets and business operations to Solaris Assets and its core operations transitioned to SunStrong Management, an asset manager for the renewables industry. \n</p>\n<p>\n  The bankruptcy plan stipulated that a creditor trustee will be appointed to distribute the proceeds of the sale to creditors and conduct an orderly wind down of the company's remaining business operations. \n</p>\n<p>\n  In June, Sunnova filed for bankruptcy, citing rising debt and weakening residential solar demand in the U.S. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Nicholas G. Miller at nicholas.miller@wsj.com. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 12, 2025 10:25 ET (15:25 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4133","symbol_name":"新能源发电业者","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2582408308","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2582408308","pubTimestamp":1762961100,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Sunnova received court approval for its bankruptcy plan to distribute proceeds of a previously approved sale and wind down its operations, the company said Wednesday.In September, the residential solar company sold its assets and business operations to Solaris Assets and its core operations transitioned to SunStrong Management, an asset manager for the renewables industry.The bankruptcy plan stipulated that a creditor trustee will be appointed to distribute the proceeds of the sale to creditors and conduct an orderly wind down of the company's remaining business operations.In June, Sunnova filed for bankruptcy, citing rising debt and weakening residential solar demand in the U.S.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4133":"新能源发电业者","NOVAQ":"Sunnova Energy International Inc."},"translate_title":"Sunnova破产计划获得法院批准","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NOVAQ":0.9},"content_text":"By Nicholas G. Miller \n\n\n \n\n\n  Sunnova received court approval for its bankruptcy plan to distribute proceeds of a previously approved sale and wind down its operations, the company said Wednesday. \n\n\n  In September, the residential solar company sold its assets and business operations to Solaris Assets and its core operations transitioned to SunStrong Management, an asset manager for the renewables industry. \n\n\n  The bankruptcy plan stipulated that a creditor trustee will be appointed to distribute the proceeds of the sale to creditors and conduct an orderly wind down of the company's remaining business operations. \n\n\n  In June, Sunnova filed for bankruptcy, citing rising debt and weakening residential solar demand in the U.S. \n\n\n \n\n\n  Write to Nicholas G. 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