SunEdison’s proceeds from stock offering hit US$239.9 million

September 19, 2013
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Major PV energy provider (PVEP), SunEdison, has received net proceeds from its recent share offering of approximately US$239.9 million.

The company had issued 30 million shares at a public offering price of US$7.25 per share.

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SunEdison is expected to use the proceeds for PV projects and general corporate purposes as it plans to significantly increase its project building in 2014.

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