Tag: SunEdison

D.E.Shaw proposes to replace SunEdison as TerraForm Power sponsor

D.E.Shaw proposes to replace SunEdison as TerraForm Power sponsor

Unclear if D.E. Shaw acquire TerraForm Power outright Oct 25 (Reuters) – Hedge fund D.E. Shaw and Co has made a non-binding proposal to replace SunEdison Inc as the operating sponsor of TerraForm Power Inc, an “yieldco” created by the bankrupt solar company. SunEdison has been looking to sell its controlling stake in TerraForm Power […]

By October 25, 2016 0 Comments Read More →
SunEdison yieldcos exploring strategic options, including sale

SunEdison yieldcos exploring strategic options, including sale

SunEdison yieldcos¬†shares up Sept 19 (Reuters) – TerraForm Global Inc and TerraForm Power Inc, the “yieldcos” of bankrupt solar company SunEdison Inc, said on Monday they were exploring strategic alternatives, including a sale of their entire business. TerraForm Power’s shares were up 3.4 percent at $13.49 in early trading, while TerraForm Global was up 7.4 […]

By September 19, 2016 0 Comments Read More →
D.E. Shaw set to enter race for SunEdison’s TerraForm Power-sources

D.E. Shaw set to enter race for SunEdison’s TerraForm Power-sources

TerraForm Power SunEdison’s most valuable asset By Jessica DiNapoli Aug 28 (Reuters) – Hedge fund manager D.E. Shaw & Co LP is weighing a bid for SunEdison Inc’s controlling stake in TerraForm Power Inc, the bankrupt U.S. renewable energy producer’s most valuable asset, according to people familiar with the matter. D.E. Shaw’s emergence as a […]

By August 28, 2016 0 Comments Read More →
SunEdison unit TerraForm Power adopts poison pill

SunEdison unit TerraForm Power adopts poison pill

TerraForm Power¬†hopes to fend off Class A shares buyers July 25 (Reuters) – SunEdison Inc’s unit TerraForm Power Inc said it had adopted a shareholders rights plan to prevent any sale of a significant number of Class A shares in the company. Brookfield Asset Management Inc and hedge fund Appaloosa plan to jointly bid for […]

SunEdison plans to sell interest in unit Terraform Global

SunEdison plans to sell interest in unit Terraform Global

Terraform Global not part of SunEdison bankruptcy filing July 20 (Reuters) – Terraform Global Inc said on Wednesday bankrupt solar company SunEdison Inc is looking to sell its interest in the “yieldco”. The two companies are in “active discussions” for a joint sale process of the stake, Terraform Global said in a regulatory filing. (http://bit.ly/29T7nV5) […]