Moody's Lowers TerraForm AP's Senior Secured Debt Rating to 'Ba3'; Outlook to Negative (TERP) (SUNE)
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SunEdison Enters into Agreement to Sell 425 MW to TerraForm Global
November 24, 2015 9:27 AM ESTMARYLAND HEIGHTS, Mo. and BETHESDA, Md., Nov. 24, 2015 /PRNewswire/ --Â SunEdison, Inc. (NYSE: SUNE), the largest global renewable energy development company and TerraForm Global, Inc. (Nasdaq: GLBL), a globally diversified owner and operator of clean energy projects, today announced that they have entered into an agreement for SunEdison to sell TerraForm Global a series of projects located in India for the aggregate equity consideration of $231M subject to purchase price adjustments in favor of both SunEdison and TerraForm Global. Â These projects will replace a portion... More
