terraform power

January 6, 2017
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.
November 29, 2016
TerraForm Power, the US-centric yieldco of bankrupt renewables firm SunEdison, said it expected to be operating independently of its parent company by January 2017.
November 25, 2016
In this week's Movers & Shakers, PV Tech reports on employment happenings across the globe in Europe, the US and the Middle East. ACWA Power creates a new clean energy division, the executive director of the IEA wins a prize and 8minutenergy's general counsel is appointed to the US Department of Commerce's Renewable Energy and Efficiency Advisory Committee (REEEAC).
November 11, 2016
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.
November 7, 2016
Greenko Energy Holdings (Greenko) has completed its acquisition of SunEdison’s 587MW Indian solar and wind portfolio for US$392 million, according to consultancy firm Mercom Capital Group.
October 26, 2016
D.E. Shaw has bid to replace SunEdison as the operating sponsor of TerraForm Power, according to a regulatory filing on 21 October.
October 4, 2016
Renewables firm SunEdison currently in Chapter 11 bankruptcy proceedings confirmed in a statement that it was in talks with its two publically listed yieldco subsidiaries to sell its ownership interest and other rights in the yieldcos.
September 26, 2016
The two renewable energy yieldco subsidiaries of Chapter 11 bankrupt firm, SunEdison are seeking over US$3 billion from their parent company over damages and sought settlement via discussions before heading to the courts.
September 19, 2016
Both yieldco subsidiaries of bankrupt renewables firm SunEdison have said they were seeking mergers or sales of their entire businesses after it became increasingly possible that SunEdison would not emerge from bankruptcy proceedings.
September 2, 2016
The solar yieldco business model was “flawed from the beginning”, says a US bank executive, who downplays sentiment that it was the SunEdison yieldco disaster that tarnished the model for good.

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