Sunnova Energy Enters Material Definitive Agreement

TL;DR

Sunnova signed a big deal on Dec 27th, filing it today. Details to come.

AI Summary

Sunnova Energy International Inc. entered into a material definitive agreement on December 27, 2024. The filing, submitted on January 2, 2025, pertains to this agreement and includes financial statements and exhibits.

Why It Matters

This filing indicates a significant new contract or partnership for Sunnova Energy, which could impact its future operations and financial performance.

Risk Assessment

Risk Level: medium — Material definitive agreements can introduce new risks or opportunities, the nature of which is not yet fully disclosed.

Key Players & Entities

• Sunnova Energy International Inc. (company) — Registrant
• December 27, 2024 (date) — Date of earliest event reported
• January 2, 2025 (date) — Filing date
• 20 East Greenway Plaza, Suite 540 (address) — Business and mailing address
• Houston, Texas 77046 (address) — Business and mailing address

FAQ

Key Financial Figures

• $0.0001 — ange on Which Registered Common Stock, $0.0001 par value per share NOVA New York Stock

Filing Documents

• nova-20241227.htm (8-K) — 27KB
• exhibit101-ezopamendment.htm (EX-10.1) — 67KB
• 0001772695-25-000003.txt ( ) — 224KB
• nova-20241227.xsd (EX-101.SCH) — 2KB
• nova-20241227_lab.xml (EX-101.LAB) — 21KB
• nova-20241227_pre.xml (EX-101.PRE) — 12KB
• nova-20241227_htm.xml (XML) — 3KB

01. Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement. Amendment to SLA Credit Agreement On December 27, 2024, Sunnova EZ-Own Portfolio, LLC ("EZOP"), a wholly owned subsidiary of Sunnova Energy International Inc. (the "Company") entered into that certain Amendment No. 6 to Second Amended and Restated Credit Agreement (SLA) (the "SLA Amendment"), which, among other things, further amends that certain Second Amended and Restated Credit Agreement, dated as of August 2, 2023 (as previously amended, the "SLA Credit Agreement"), by and among EZOP, certain other subsidiaries of the Company party thereto, Atlas Securitized Products Holdings, L.P., as administrative agent, and the lenders and other financial institutions party thereto. The SLA Amendment amended the SLA Credit Agreement to, among other things, make certain updates to the definition of "Excess Concentration Amount". The foregoing description of the SLA Amendment is qualified in its entirety by reference to the full text of the SLA Amendment, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated into this Item 1.01 by reference.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits The following materials are filed as exhibits to this Current Report on Form 8-K. Exhibit No. Description 10.1 Amendment No. 6 to Second Amended and Restated Credit Agreement (SLA), among Sunnova EZ-Own Portfolio, LLC, Sunnova SLA Management, LLC, Sunnova Asset Portfolio 7 Holdings, LLC, the Lenders party thereto, the Funding Agents party thereto and Atlas Securitized Products Holdings, L.P., as administrative agent, dated as of December 27, 2024. 104 Cover Page Interactive Data File (embedded within the inline XBRL document). __________________ Portions of this exhibit have been omitted in accordance with Items 601(a)(5) and 601(b)(10) of Regulation S-K. We agree to furnish a copy of any omitted schedule or exhibit to the SEC upon request. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SUNNOVA ENERGY INTERNATIONAL INC. Date: January 2, 2025 By: /s/ David Searle David Searle Executive Vice President, General Counsel and Chief Compliance Officer

View Full Filing

View this 8-K filing on SEC EDGAR