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  "documentTitle": "Sunnova Energy International Inc. (NOVA)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Spruce Point Capital Management",
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  "sourceTypeLabel": "Short seller",
  "presentationDate": "2020-09-29 00:00:00",
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      "text": "We believe the common theme between Just Energy and Sunnova is that both companies offer a relatively undifferentiated product and service offering and carry too much debt.",
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      "text": "share price performance: >96%",
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      "text": "Spruce Point wrote a critical activist report on Just Energy in 2013. Shares collapsed over 96% since the report and the Company finally conducted a recapitalization in July 2020. We believe the common theme between Just Energy and Sunnova is that both companies offer a relatively undifferentiated product and service offering and carry too much debt. Investors chasing growth and its dividend without a long-term plan towards sustained profits were ultimately let down.",
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      "text": "The recommendations shown above are not intended to be exhaustive. A full list of all recommendations made over the past twelve months can be found on our website",
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      "kind": "title",
      "text": "Spruce Point Has Succeeded In Energy Shareholder Activism",
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