Global alternative asset manager Brookfield announced Tuesday that it has entered into a definitive agreement with SunEdison yieldco TerraForm Power, under which Brookfield will assume the role of TerraForm Power’s sponsor and also become the controlling shareholder.
Growth market investor company Actis has acquired over 1.5GW of solar PV assets from bankrupt SunEdison in Latin America as part of a US$525 million commitment to launch a new Pan-Latin American renewable energy platform — Atlas Renewable Energy.
Hawaiian Electric Companies (HECO) and Texas’ NRG Energy have signed new PPAs to bring online over 100MW of new solar in Oahu, with three utility-scale PV projects.
Major Electronics Manufacturing Services (EMS) provider Flex has acknowledged the scale of the impact on its business with the bankruptcy last year of its largest solar energy client, SunEdison.
Canadian Asset Management firm Brookfield has entered into exclusivity talks with the SunEdison yieldcos to discuss a potential buyout, according to a new regulatory filing.
SunEdison subsidiary Southern Solar Power has signed a power purchase agreement (PPA) with state-run Bangladesh Power Development Board (BPDB) for a 200MW grid-connected solar park in southern Bangladesh, according to a filing on the Dhaka Stock Exchange.
The 365MW UK solar portfolio owned by SunEdison yieldco TerraForm Power has been sold to Vortex, a European renewables investment platform of private equity firm EFG Hermes.
Bankrupt renewables firm SunEdison has finally got the green light to proceed with the US$150 million sale of its FBR (Fluidised Bed Reactor) technology polysilicon assets to GCL-Poly Energy Holding after a deal was struck with company spinoff SunEdison Semiconductor.
Canada’s Brookfield Asset Management has proposed a takeover of TerraForm Power and TerraForm Global – either by buying out 100% of the company for cash, or purchasing its existing Class A and Class B shares and replacing SunEdison as sponsor.
