While news of an amended acquisition deal between SunEdison’s yield co TerraForm Power and Vivint Solar appeared to give SunEdison a hefty boost in the stock market, hedge fund Appaloosa Management is now raising a number of questions about the new agreement.
Major renewable energy provide SunEdison has reshuffled its executive team and roles with Carlos Domenech, president and CEO of its US-centric yieldco, TerraForm Power leaving the company, with immediate effect.