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Sunnova Energy Appoints Paul Mathews as New CEO

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Sunnova Energy Appoints Paul Mathews as New CEO

The latest announcement is out from Sunnova Energy International ( (NOVA) ).

On March 9, 2025, Sunnova Energy International Inc. announced the appointment of Paul Mathews as the new President and CEO, succeeding William J. Berger, who will stay on as an advisor for a transition period. Mathews, who joined Sunnova in 2023 and has significantly improved the company’s operations and customer service, will focus on disciplined growth, cost efficiency, and enhancing customer experience. This leadership change is part of Sunnova’s strategic repositioning to drive profitable growth and improve cash generation, aligning with recent initiatives like a $70 million cost reduction and a $185 million loan facility to enhance liquidity. Additionally, Corbin J. Robertson, III resigned from the board for personal reasons.

More about Sunnova Energy International

Sunnova Energy International Inc. is an industry-leading adaptive energy services company focused on making clean energy more accessible, reliable, and affordable for homeowners and businesses. Through its adaptive energy platform, Sunnova provides a better energy service at a better price to deliver its mission of powering energy independence.

YTD Price Performance: -87.50%

Average Trading Volume: 13,497,049

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $62.54M

For detailed information about NOVA stock, go to TipRanks’ Stock Analysis page.

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