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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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  "notes": "Uses professional background data to cast doubt on current management's track record.",
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      "text": "Sunnova’s CFO and VP of Finance previously were executives at Spark Energy, another energy company with a poor business model promoting high growth, which ended up collapsing.",
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      "text": "Robert Lane - CFO and Christian Hettick - VP of Finance & FP&A professional history",
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      "text": "Sunnova's CFO and VP of Finance previously were executives at Spark Energy, another energy company with a poor business model promoting high growth, which ended up collapsing. Spark touted its sophisticated customer acquisition model and “customer lifetime value strategy.” Spark had a history of regulatory issues(1,2) under CFO Robert Lane’s leadership. Spark’s shares fell ~40% during Lane’s tenure as CFO and fell as much as 75% from its all-time high in June 2017.",
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      "text": "1) Found to use unethical business practices including allegations of using illegal robocalls (Connecticut Attorney General) 2) Acquired Major Energy, another energy provider which had a history of deceptive business practices (Chicago Tribune) Source: LinkedIn, Bloomberg",
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      "text": "Finance Executives' Time At Spark Energy",
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