Sunnova Energy announced it has entered into a $3B partial loan guarantee agreement with the U.S. Department of Energy, or DOE, Loan Programs Office, or LPO, which equates to a 90% guarantee of up to $3.3B of term loans, to support solar loans originated by Sunnova under a new solar loan channel named “Project Hestia.”
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- Sunnova Energy price target lowered to $17 from $30 at Guggenheim
- Sunnova Energy price target lowered to $29 from $32 at JPMorgan
- Sunnova Energy price target lowered to $38 from $42 at Morgan Stanley
