28 Sep '16, 11am

TerraForm Global clears way for sale of SunEdison India and Uruguay assets

TerraForm Global clears way for sale of SunEdison India and Uruguay assets 28. September 2016 | Applications & Installations , Global PV markets , Industry & Suppliers , Investor news | By: Ian Clover SunEdison yieldco has consented to the third party sale of the bankrupt clean energy developer's 425 MW Indian solar portfolio and further assets in Uruguay. Firm will receive a portion of the proceeds. A portion of the proceeds of the sale of SunEdison's Indian solar portfolio will go to TerraForm Global.SunEdison TerraForm Global, a clean-energy holding company currently embroiled in a $2 billion settlement dispute with its parent company SunEdison, yesterday agreed to stand aside and allow the bankrupt firm to pursue the sale of its Indian and Uruguayan solar assets. The yieldco has consented to the sale of certain SunEdison subsidiaries’ assets to a third-party buyer as p...

Full article: http://www.pv-magazine.com/news/details/archive/2016/sept...

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