Solar Company That Received $3 Billion Biden Loan Warns It Might Go Bankrupt

A politically connected solar company says it has "substantial doubt" it can stay in business, a little over a year after obtaining a $3 billion loan from the Biden administration. Sunnova Energy said on Monday that its current finances are "not sufficient to meet obligations and fund operations for a period of at least one year from the date we issue our consolidated financial statements without implementing additional measures."

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