Pattern Energy confirms takeover interest

Pattern Energy responds to a Bloomberg report that claimed Toronto-based Brookfield Asset Mangement is interested in merging Pattern with its majority-owned renewable arm, TerraForm Power.

Movers & Shakers: Trina Solar, TerraForm Power, ACWA Power, 8minutenergy and more

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).

Brookfield proposes takeover of SunEdison yieldcos

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.