We Don’t Need No Stinking Giant Mirrors

Sunnova’s Enronish Ending;

Sunnova’s bankruptcy saga reads like a sequel to Enron’s downfall, complete with glitzy deceptions and government-fueled illusions. Back in February, dealers gathered at a lavish summit, expecting praise and payments. Instead, they were fed assurances by then-CEO John Berger, an Enron alum, that funds were secure if they kept installing solar systems. But the truth was grim: Sunnova was already teetering, months behind on reimbursements, and hiding severe liquidity issues.

3 Replies to “We Don’t Need No Stinking Giant Mirrors”

  1. Smoke and Giant Mirrors. The Illusion of energy generation. The illusion of “cheap, green, safe, healthy, renewable, sustainable” energy.

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