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home / news releases / NOVA - Sunnova Energy International Inc. (NOVA) Q1 2024 Earnings Call Transcript


NOVA - Sunnova Energy International Inc. (NOVA) Q1 2024 Earnings Call Transcript

2024-05-02 15:37:09 ET

Sunnova Energy International Inc. (NOVA)

Q1 2024 Earnings Conference Call

May 2, 2024 08:00 ET

Company Participants

Rodney McMahan - Vice President of Investor Relations

John Berger - Chairman & Chief Executive Officer

Robert Lane - Executive Vice President & Chief Financial Officer

Conference Call Participants

Philip Shen - ROTH MKM

Brian Lee - Goldman Sachs

Mark Strouse - JPMorgan

Andrew Percoco - Morgan Stanley

Praneeth Satish - Wells Fargo

Pavel Molchanov - Raymond James

Tristan Richardson - Scotiabank

Amit Kumar - BMO Capital Markets

William Griffin - UBS

Donovan Schafer - Northland Capital Markets

Christine Cho - Barclays

Corinne Blanchard - Deutsche Bank

Presentation

Operator

Good morning and welcome to the Sunnova's first-quarter 2024 earnings conference call. Today's call is being recorded [Operator Instructions] At this time, I would like to turn the conference over to Rodney McMahan, Vice President, Investor Relations at Sunnova. Please go ahead.

Rodney McMahan

Thank you, operator. Before we begin, please note during today's call, we will make forward-looking statements that are subject to various risks and uncertainties as described in our slide presentation, earnings press release and our 2023 Form 10-K. Please see those documents for additional information regarding those factors that may affect these forward-looking statements. Also, we will reference certain non-GAAP measures during today's call. Please refer to the appendix of our presentation, as well as the earnings press release for the appropriate GAAP to non-GAAP reconciliations and cautionary disclosures.

On the call today are John Berger, Sunnova's Chairman and Chief Executive Officer; and Rob Lane, Executive Vice President and Chief Financial Officer.

I will now turn the call over to John.

John Berger

Before we get started, I wanted to acknowledge Rob Lane, our Chief Financial Officer. As we stated in our 8-K yesterday, Rob will be stepping down from his role as our Chief Financial Officer to pursue other opportunities. This is a decision we have arrived at together recognizing this is a logical time for transition.

On behalf of the Sunnova team and the Board of Directors, I want to recognize and thank Rob for his many contributions, including helping the company execute its initial public offering, our acquisition of SunStreet and launching the industry's first corporate green bond. We want to express our sincere gratitude to Rob for all that he has done to support Sunnova's success during his tenure. Rob will serve as CFO through June 30, 2024, or until his successor is named and will remain focused on supporting the key financing activities we will discuss later in the call. This change presents an opportunity for new perspectives as we position Cinnober for continued success. Working with the Board, we have retained an outside search firm to run a full search process which is already well underway and we expect to share further details on his successor in the weeks ahead. Thank you, Rob. We will miss you....

For further details see:

Sunnova Energy International Inc. (NOVA) Q1 2024 Earnings Call Transcript
Stock Information

Company Name: Sunnova Energy International Inc
Stock Symbol: NOVA
Market: NYSE
Website: sunnova.com

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