Benzinga | Jul 28, 2021 05:12PM EDT

Sunnova Sees FY21 Adj. EBITDA $80M-$85M

Management increases full-year 2021 guidance for customer principal payments received on solar loans, net of amounts recorded in revenue and Adjusted Operating Cash Flow.

* Customer additions of 55,000 - 58,000 (excluding legacy SunStreet customers) reaffirmed;

* Adjusted EBITDA of $80 million - $85 million reaffirmed;

* Customer principal payments received from solar loans, net of amounts recorded in revenue increases from $57 million - $63 million to $62 million - $68 million;

* Customer interest payments received from solar loans of $28 million - $34 million reaffirmed;

* Adjusted Operating Cash Flow increases from $20 million - $30 million to $35 million - $45 million; and Recurring Operating Cash Flow of $(5) million - $5 million reaffirmed.