SunEdison yield co TerraForm Power is looking to place US$350 million of stock on the market. 

The funds will be used to complete its US$2.4 billion acquisition of First Wind. The company said that in the event that the transaction for First Wind was not completed, the funds would be used for “general corporate purposes”.

The First Wind deal will make TerraForm the largest renewable energy developer in the world with an operational capacity of more than 1.5GW and a multi-GW pipeline of wind and solar projects.