Baird Trims PT on SunEdison (SUNE) to $10; Q3 Showed Strong Deployments, but Pipeline, Backlog Declined
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SunEdison Reports Third Quarter 2015 Results
November 10, 2015 7:05 AM ESTMARYLAND HEIGHTS, Mo., Nov. 10, 2015 /PRNewswire/ -- SunEdison, Inc. (NYSE: SUNE), the largest global renewable energy development company, today announced financial results for the 2015 third quarter.
Quarterly Review:
SunEdison Development: Continued Organic Execution Record 640 MW delivered Q3 vs. guidance of 540-600 MW; up 343 MW year-over-year 2.9 GW of projects under construction, up 1.0 GW quarter-over-quarter 7.9 GW Pipeline and 5.5 GW Backlog, 0.4 GW of pipeline additions Business Optimization: Reflection of Current Yieldco Conditions Streamlined organization and global footprint Opex improvements via economies... More