Kbra monitoring sunnova transactions following going concern warning

New york--(business wire)-- #creditratingagency--on march 3, 2025, sunnova energy corporation (sunnova) stated in its fourth quarter and full-year 2024 financial results that there is substantial doubt about its ability to continue as a going concern for at least one year without implementing additional capital management measures. to address this, sunnova is looking to take a number of steps to increase the amount of available cash and reduce expenses. it has also hired a financial advisor to manage certain aspects.
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