TerraForm Global (GLBL) to Explore Strategic Options
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TerraForm Global Initiates Process to Explore Strategic Alternatives
September 19, 2016 8:05 AM EDTCompany Working Collaboratively With SunEdison Seeks to Resolve Intercompany Claims Consensually
BETHESDA, Md., Sept. 19, 2016 (GLOBE NEWSWIRE) -- TerraForm Global, Inc. (Nasdaq: GLBL) (TerraForm Global or the Company), a global owner and operator of clean energy power plants, today announced that, at the recommendation of its Corporate Governance and Conflicts Committee, its Board of Directors has initiated a process to explore and evaluate potential strategic alternatives to maximize stockholder value, including a merger or sale of its entire business.
Our Board and management team have been... More