Sunnova Energy International Inc. Files Definitive Proxy Statement

TL;DR

<b>Sunnova Energy International Inc. has filed its Definitive Proxy Statement for the fiscal year ending December 31, 2023.</b>

AI Summary

Sunnova Energy International Inc. (NOVAQ) filed a Proxy Statement (DEF 14A) with the SEC on April 4, 2024. Sunnova Energy International Inc. filed a Definitive Proxy Statement (DEF 14A) on April 4, 2024. The filing covers the fiscal year ending December 31, 2023. The company's principal executive offices are located at 20 East Greenway Plaza, Suite 540, Houston, TX 77046. The filing indicates no fee was required for this filing. The company is incorporated in Delaware and operates in the Electric & Other Services sector.

Why It Matters

For investors and stakeholders tracking Sunnova Energy International Inc., this filing contains several important signals. This filing is a standard requirement for publicly traded companies to provide shareholders with information regarding annual meetings, director elections, executive compensation, and other corporate governance matters. Shareholders will use this document to make informed decisions when voting on proposals presented at the company's annual meeting.

Risk Assessment

Risk Level: low — Sunnova Energy International Inc. shows low risk based on this filing. The filing is a routine DEF 14A, indicating no immediate material events or significant changes are being disclosed beyond standard corporate governance information.

Analyst Insight

Review the proxy statement for details on executive compensation, board nominations, and any shareholder proposals to understand the company's governance and strategic direction.

Key Numbers

• 2023-12-31 — Fiscal Year End (Reporting Period)
• 2024-04-04 — Filing Date (Date of Report)
• 22 — Public Document Count (Filing Details)

Key Players & Entities

• Sunnova Energy International Inc. (company) — Registrant
• 2024-04-04 (date) — Filing Date
• 2023-12-31 (date) — Fiscal Year End
• 20 East Greenway Plaza, Suite 540, Houston, TX 77046 (address) — Business Address
• DE (state) — State of Incorporation
• 1934 Act (regulation) — SEC Act
• 001-38995 (identifier) — SEC File Number

FAQ

Industry Context

Sunnova Energy International Inc. operates in the Electric & Other Services sector, providing energy and transportation services.

Regulatory Implications

The filing is made pursuant to Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies.

What Investors Should Do

1. Review the executive compensation details to understand pay structures for key executives.
2. Examine the nominated directors and any related proposals for board composition and governance oversight.
3. Identify any shareholder proposals and the company's stance on them.

Key Dates

• 2024-04-04: Filing Date — Definitive Proxy Statement filed
• 2023-12-31: Fiscal Year End — Period covered by the filing

Year-Over-Year Comparison

This is a DEF 14A filing, which is a standard annual disclosure. No specific comparison to a prior filing's content is available from this header information.

Key Financial Figures

• $0.0001 — f record of our common stock, par value $0.0001 per share, on March 18, 2024 are entitl
• $40,000 — f this solicitation, including a fee of $40,000 plus expenses to Okapi Partners LLC, 12

Filing Documents

• nova-20240403.htm (DEF 14A) — 1253KB
• nova-20240403_g1.jpg (GRAPHIC) — 38KB
• nova-20240403_g2.jpg (GRAPHIC) — 38KB
• nova-20240403_g3.jpg (GRAPHIC) — 109KB
• nova-20240403_g4.jpg (GRAPHIC) — 34KB
• nova-20240403_g5.jpg (GRAPHIC) — 35KB
• nova-20240403_g6.jpg (GRAPHIC) — 123KB
• nova-20240403_g7.jpg (GRAPHIC) — 122KB
• nova-20240403_g8.jpg (GRAPHIC) — 132KB
• 0001772695-24-000049.txt (&nbsp;) — 3295KB
• nova-20240403.xsd (EX-101.SCH) — 4KB
• nova-20240403_def.xml (EX-101.DEF) — 6KB
• nova-20240403_lab.xml (EX-101.LAB) — 8KB
• nova-20240403_pre.xml (EX-101.PRE) — 5KB
• nova-20240403_htm.xml (XML) — 80KB

From the Filing

nova-20240403 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________________________________________ SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE SECURITIES EXCHANGE ACT OF 1934 _______________________________________________________________________________ Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) x Definitive Proxy Statement Definitive Additional Materials Soliciting Material under Rule 14a-12 _______________________________________________________________________________ Sunnova Energy International Inc. (Exact name of registrant as specified in its charter) _______________________________________________________________________________ Payment of Filing Fee (Check the appropriate box): x No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. SUNNOVA ENERGY INTERNATIONAL INC. 20 East Greenway Plaza, Suite 540 Houston, Texas 77046 April 4, 2024 Dear Stockholder: You are cordially invited to join us for our 2024 Annual Meeting of Stockholders (the "Annual Meeting") to be held virtually on Wednesday, May 15, 2024 at 9:00 AM, Houston Time. NOTICE IS HEREBY GIVEN that the Annual Meeting of Sunnova Energy International Inc. (the "Company") will be held in a virtual meeting format only. The virtual meeting may be accessed at www.proxydocs.com/NOVA . There is no in-person meeting for you to attend. The Annual Meeting will be held on Wednesday, May 15, 2024 at 9:00 AM, Houston Time. You are entitled to participate in the Annual Meeting if you were a stockholder as of the close of business on March 18, 2024, the record date for the Annual Meeting. To attend the Annual Meeting, you must register in advance, using your control number and other information, at www.proxydocs.com/NOVA prior to the registration deadline of May 14, 2024 at 5:00 PM Eastern Time. Upon completing your registration, you will receive further instructions via email, including your unique link that will allow you to access the Annual Meeting and vote online during the meeting. You will also be permitted to submit questions at the time of registration. You may ask questions that are confined to matters properly before the Annual Meeting and of general Company concern. The meeting will begin promptly at 9:00 AM, Houston Time. We encourage you to access the virtual meeting prior to the start time. Online access will open approximately at 8:45 AM, Houston Time, and you should allow ample time to log in to the meeting and test your computer audio system. We recommend that you carefully review the procedures needed to gain admission in advance. There will be technicians ready to assist you with any technical difficulties you may have accessing the virtual meeting. If you encounter any difficulties accessing the virtual meeting during check-in or during the meeting, please call the technical support number that will be posted on the virtual stockholder meeting login page. Whether or not you plan to attend the Annual Meeting, we urge you to vote and submit your proxy in advance of the meeting by one of the methods described in the proxy materials for the Annual Meeting. We are pleased to take advantage of the rules of the SEC that allow issuers to furnish proxy materials to their stockholders on the Internet. We believe these rules allow us to provide you with information you need while lowering the costs of delivery and reducing the environmental impact of the Annual Meeting. We are mailing to most of our stockholders a Notice of Internet Availability of Proxy Materials, rather than a paper copy of the proxy statement, proxy and 2023 Annual Report to Stockholders. The notice contains instructions on how to access the proxy materials, vote and obtain, if you so desire, a paper copy of the proxy materials. The proxy statement describes the items of business to be conducted at the meeting, which includes the election of two Class II members of our Board of Directors to serve three-year terms, the approval, in a non-binding advisory vote, of the compensation of our named executive officers, the ratification of the appointment of PricewaterhouseCoopers LLP as our independent registered public accounting firm for the 2024 fiscal year, and the transaction of such other business as may properly come before the meeting or any adjournments thereof. At the Annual Meeting, we will also report on industry matters of current interest to our stockholders and you will have an opportunity to ask questions following the completion of business. It is important that your shares be represented. Regardless of whether you plan to attend the meeting virtually, please take a mome

View Full Filing

View this DEF 14A filing on SEC EDGAR