The acquisition includes utility-scale solar projects in Utah, Texas and Hawaii as well as 29 MW of distributed solar in four states.
SunEdison under restructuring officer John S. Dubel has put out a note to “clarify” its position on the settlement process, which may not be entirely easy.
TerraForm Power has sent a draft settlement agreement to SunEdison creditors under which claims would be settled, noting that it prefers a “collaborative” process.
The acquisition narrows the number of companies that are developing FBR, and further consolidates the transfer of this technology to Chinese companies.
On Sunday, September 25, 2016, each of TerraForm Power, Inc. and TerraForm Global, Inc. issued a press release purportedly describing allegations made by the Yieldcos in proofs of claims filed by them last Friday in SunEdison, Inc.’s and its related affiliates’ bankruptcy cases (collectively, “SunEdison”). While SunEdison disagrees with many of the statements, claims and allegations made by the […]
Court documents reveal potential “enthusiastic interest” from the Charlotte, N.C. banking giant to provide money to the cratering solar installer.
SunEdison yieldco has consented to the third party sale of the bankrupt clean energy developer’s 425 MW Indian solar portfolio and further assets in Uruguay. Firm will receive a portion of the proceeds.
In a filing in the U.S. Bankruptcy Court in the Southern District of New York, the president of SoCore Energy discussed the nearly $80 million deal.
The two yieldcos are hoping to resolve suits with their sponsor, while they look for buyers.
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