Browsing the "SunEdison" Tag

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SunEdison & TerraForm Power Successfully Syndicate $280 Million Warehouse Loan

SunEdison, the world’s largest renewable energy development company, announced on Wednesday, in partnership with its yieldco, TerraForm Power, that it had successfully raised the necessary $280 million 7-year loan facility of TerraForm Private Warehouse. The offering was oversubscribed, and in the end was eventually placed “with a diverse group of institutional investors.” The loan will […]

August 14th

TerraForm Global Raises $675 Million In IPO

SunEdison has revealed that the IPO for its newest endeavour, TerraForm Global, raised $675 million for the new company. Originally announced back in May, TerraForm Global is SunEdison’s “emerging markets yieldco subsidiary,” which will be “formed to own and operate contracted clean power generation assets in attractive, high-growth emerging markets.” SunEdison made available 45 million […]

August 4th

SunEdison Breaks Ground On 110 MW Solar Project In Chile

SunEdison has announced financial closure and beginning of construction on the 110 MW Quilapilun solar power plant in Chile. SunEdison, the world’s largest renewable energy development company, revealed earlier this week that it had secured a $160 million, long-term, non-recourse debt financing arrangement with CorpBanca, one of the largest commercial banks in Chile, and DNB, […]

July 31st

Obama’s New Solar Program For Low- & Moderate-Income People (In Depth)

Solar power costs have come down so much in recent years that going solar is a no-brainer money-maker for millions of people. That increasingly includes low- and moderate-income people as well as rich people. Affordable solar power seems as abundant and as popular as ice cream these days. However, there’s no denying it: rich people have […]

July 10th

SunEdison Launches Huge Solar Energy Expansion With Morgan Stanley

Partnering with Morgan Stanley to make tax equity financing available immediately, SunEdison is executing a major launch of an innovative power purchase agreement (PPA) product across seven states. With a newly expanded channel and sales platform, and through the recent acquisition of multiple residential power plants with SunEdison subsidiary TerraForm Power as the long-term asset […]

June 23rd