XML 120 R102.htm IDEA: XBRL DOCUMENT v3.22.0.1
Schedule I Parent Company Financial Statements - Condensed Balance Sheets (Details) - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Current assets:      
Cash $ 243,101 $ 209,859 $ 83,485
Total current assets 615,742 456,655  
Total assets [1] 5,504,234 3,587,583  
Current liabilities:      
Accounts payable 55,033 39,908  
Other current liabilities 44,350 26,014  
Total current liabilities 310,897 210,854  
Total liabilities [1] 3,882,621 2,306,902  
Stockholders' equity:      
Common stock 11 10  
Additional paid-in capital—common stock 1,649,199 1,482,716  
Accumulated deficit (459,715) (530,995)  
Total stockholders' equity 1,189,495 951,731  
Total liabilities, redeemable noncontrolling interests and equity 5,504,234 3,587,583  
Parent Company      
Current assets:      
Cash 518 4,917  
Total current assets 518 4,917  
Investments in subsidiaries 1,603,950 1,076,299  
Total assets 1,604,468 1,081,216  
Current liabilities:      
Accounts payable 2 437  
Other current liabilities 120 1,314  
Total current liabilities 122 1,751  
Long-term debt, net 561,643 58,015  
Total liabilities 561,765 59,766  
Stockholders' equity:      
Common stock 11 10  
Additional paid-in capital—common stock 1,629,208 1,462,690  
Accumulated deficit (586,516) (441,250)  
Total stockholders' equity 1,042,703 1,021,450  
Total liabilities, redeemable noncontrolling interests and equity $ 1,604,468 $ 1,081,216  
[1] The consolidated assets as of December 31, 2021 and 2020 include $2,148,398 and $1,471,796, respectively, of assets of variable interest entities ("VIEs") that can only be used to settle obligations of the VIEs. These assets include cash of $23,538 and $13,407 as of December 31, 2021 and 2020, respectively; accounts receivable—trade, net of $6,167 and $2,953 as of December 31, 2021 and 2020, respectively; accounts receivable—other of $410 and $583 as of December 31, 2021 and 2020, respectively; other current assets of $272,421 and $182,646 as of December 31, 2021 and 2020, respectively; property and equipment, net of $1,817,471 and $1,257,953 as of December 31, 2021 and 2020, respectively; and other assets of $28,391 and $14,254 as of December 31, 2021 and 2020, respectively. The consolidated liabilities as of December 31, 2021 and 2020 include $47,225 and $32,345, respectively, of liabilities of VIEs whose creditors have no recourse to Sunnova Energy International Inc. These liabilities include accounts payable of $6,014 and $2,744 as of December 31, 2021 and 2020, respectively; accrued expenses of $88 and $827 as of December 31, 2021 and 2020, respectively; other current liabilities of $3,845 and $3,284 as of December 31, 2021 and 2020, respectively; and other long-term liabilities of $37,278 and $25,490 as of December 31, 2021 and 2020, respectively.