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If You Have a Sunnova Lease or PPA, the Company That Owns It Isn't Sunnova Anymore

If You Have a Sunnova Lease or PPA, the Company That Owns It Isn't Sunnova Anymore

Sunnova Energy International filed for Chapter 11 bankruptcy on June 9, 2025, and by the time the dust settled, the company that sold you your solar system essentially stopped existing as an independent entity. If you're still making payments on a Sunnova lease, PPA, or loan, it's worth knowing exactly who actually owns that agreement today — because it isn't Sunnova.
What Actually Happened
Through a court-supervised sale process in the U.S. Bankruptcy Court for the Southern District of Texas, an ad hoc group of Sunnova's bondholders — backed by affiliates of GoodFinch Management, LLC — formed a new entity called Solaris Assets, LLC specifically to acquire the company's assets. Solaris completed that acquisition on September 4, 2025, paying roughly $118 million through a combination of credit-bid debtor-in-possession financing, cash, and settlement costs. The bankruptcy court confirmed Sunnova's Chapter 11 plan on November 12, 2025, with the plan taking effect two days later.
Solaris Assets is now the legal owner of Sunnova's residential solar servicing platform, its operations and management infrastructure, and its entire solar generation and storage portfolio — meaning your lease, PPA, or loan agreement is now, legally, an asset held by Solaris, not Sunnova.
Who's Actually Answering the Phone Now
Day-to-day operations transferred to a separate company, SunStrong Management, LLC, which handles field service, maintenance, billing, collections, and general account management for the portfolio Solaris now owns. If that name sounds familiar, it should — SunStrong is the same company that took over servicing for legacy SunPower customers after that company's own 2024 collapse, which we've covered separately. SunStrong is now managing both former SunPower and former Sunnova accounts under one servicing operation, which is worth knowing if you're trying to figure out who to actually call about your system.
Does This Change What You're Owed?
Sunnova stated during the bankruptcy process that existing leases, PPAs, loan agreements, warranties, and production guarantees would continue to be honored under the new ownership, and that certain financing structures were designed to be "bankruptcy remote" specifically so a filing like this wouldn't unwind them. In practice, that means your contract's terms are meant to survive the ownership change intact — but "meant to" and "actually does, in your specific case" aren't always the same thing, especially if you already had an unresolved dispute with Sunnova before any of this happened.
The Claims Deadline Has Already Passed
If you were considering filing a formal claim against Sunnova as a creditor in the bankruptcy case itself, that window is closed — the General Claims Bar Date was August 6, 2025. That doesn't mean you're out of options if you have a legitimate dispute; it means the bankruptcy court's own claims process specifically isn't one of them anymore. Claims based on misrepresentation, undisclosed fees, or other contract issues are typically pursued directly against the current contract holder — now Solaris and SunStrong — rather than through the now-closed bankruptcy claims window.
What to Actually Do If Something Was Wrong Before the Bankruptcy
If you had concerns about your original Sunnova contract that predate any of this — savings that never materialized, an undisclosed lien, terms that don't match what you were told — that underlying issue doesn't disappear just because the company changed hands. Our documentation checklist covers what to gather before raising it with the new servicer, and if you're dealing with an active Sunnova-related investigation or complaint pattern, our guide to Sunrun and Sunnova's broader regulatory scrutiny covers the wider landscape these companies are operating under right now.
Have a Sunnova lease, PPA, or loan and unsure what your rights look like under Solaris and SunStrong's ownership?
Get a free, no-pressure review.
Call (213) 579-5156 or visit californiasolarexit.com.
Daniel Merritt is a Senior Solar Contract Analyst at California Solar Exit.
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