SUNation Energy shares rise 18.97% intraday after paying $800K to settle $1.1M debt, cutting monthly payments by $20K.

SUNation Energy surged 18.97% intraday, with the company announcing a $800,000 one-time settlement to clear $1.1 million in long-term debt, reducing principal by $335,000 and monthly payments from $25,000 to $5,000, saving $20,000 per month. The company specializes in solar solutions for residential, commercial, and municipal customers, with debt repayment strengthening its balance sheet and supporting strategic execution.