Troubled renewables firm SunEdison has disclosed that Steven Tesoriere, a member of its board of directors since 2012 has resigned his position with immediate effect.
Tesoriere is managing principal and portfolio manager at US hedge fund, Altai Capital Management and was noted as a key player in SunEdison’s transformation from a polysilicon producer (formerly MEMC) to a major renewables energy firm. Tesoriere has also been credited as a driving force behind its yieldco strategy. Altai is also a major investor in the SunEdison yieldco, Terraform Power.
This article requires Premium SubscriptionBasic (FREE) Subscription
Unlock unlimited access for 12 whole months of distinctive global analysis
Photovoltaics International is now included.
Already a subscriber? Sign In
- Regular insight and analysis of the industry’s biggest developments
- In-depth interviews with the industry’s leading figures
- Unlimited digital access to the PV Tech Power journal catalogue
- Unlimited digital access to the Photovoltaics International journal catalogue
- Access to more than 1,000 technical papers
- Discounts on Solar Media’s portfolio of events, in-person and virtual
SunEdison said in an SEC filing that Tesoriere’s resignation was not due to any disagreement with the company.
