SunEdison Signs 6.2 Megawatt Solar Power Deal with L.A. County
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Needham & Company Positive on SunEdison (SUNE) Steps to Improve Operating Structure
November 25, 2015 7:50 AM ESTReeling 8% this morning from a nasty competitor downgrade after yesterday's 37% pop, Needham & Company views recent steps by SunEdison (NYSE: SUNE) as positive to... More
SunEdison (SUNE) Announcements Remove Several Overhangs - Deutsche Bank
November 24, 2015 1:39 PM ESTSunEdison's (NYSE: SUNE) announcements this morning -- including resolution of its $410 million margin loan, selling 425MW of projects to Terraform Global (Nasdaq: GLBL), and signing a 6.2MW 20 year PPA with L.A. County -- are positive for SunEdison and TerraForm Power (NASDAQ: TERP) shareholders, according Deutsche Bank analyst Vishal Shah.
The analyst explained, "SunEdison made several announcements this morning, including resolution of the ~$410M margin loan, selling ~425MW of projects to Terraform Global, and signed... More
SunEdison (SUNE) Signs 20-Year, 6.2MW Purchase Agreement with LA County
November 24, 2015 7:11 AM ESTSunEdison, Inc. (NYSE: SUNE) announced that it has signed 20-year power purchase agreements with Los Angeles County in a deal that will see nine government facilities powered with 6.2 megawatts DC of solar energy. The solar power purchase agreements are projected to save taxpayers millions of dollars, and will provide predictable energy pricing to L.A. County for decades to... More
