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Brookfield and Appaloosa mull TerraForm swoop
20 October 2016Brookfield Asset Management and Appaloosa Management have reiterated their interest in buying yieldco TerraForm Power (TERP), controlled by stricken renewables giant SunEdison.
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EF BRIEFS: Mexico City green bond, Brookfield AM
03 October 2016A $2 billion dual-tranche green bond issued by Mexico City, to help finance its proposed new international airport, (LINK) attracted $13 billion of interest from more than 300 investors.
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TERP and GLBL could be in default by end of the week, says Moody's
09 May 2016US yieldcos Terraform Power (TERP) and Terraform Global (GLBL) are 'quite likely' to be in technical default by 13 May, according to a report by ratings agency Moody's.
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SunEdison shares up 40% after merger with Vivint collapses
08 March 2016SunEdison's shares soared more than 40% today after Vivint Solar pulled the plug on the controversial $2.2 billion merger of the two companies.
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SunEdison sweetens Vivint deal with $123m of savings
11 December 2015SunEdison has revised the terms of its much-criticised $2.2 billion acquisition of Vivint Solar, in a move that has been well received by shareholders.
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SunEdison may face legal action over Vivint
04 December 2015Billionaire investor David Tepper has compounded a tough couple of months for SunEdison's management with a threat of legal action and raised his stake in its yieldco subsidiary TerraForm Power (TERP) to 9.7%.