The Allegations: According to the complaint, in September 2023, Sunnova entered into a $3.0 billion partial loan guarantee agreement with the U.S. Department of Energy's ("DOE") Loan Programs Office ("LPO") to support solar loans originated by Sunnova under a new solar loan channel named Project Hestia (the "LPO Loan"). In a press release detailing the LPO Loan, Sunnova stated that Project Hestia was expected to "provide disadvantaged homeowners and communities with increased access to clean, flexible power via Sunnova services by indirectly and partially guaranteeing the cash flows associated with consumers' loans" and that Sunnova's "purpose-built technology" was "designed to improve customer insights regarding their power usage and will facilitate demand response behavior." On November 22, 2023, the Washington Free Beacon published an article entitled "Biden Admin Gave $3 Billion Loan to Solar Company Accused of Scamming Elderly."