SunEdison Reports First Quarter Results
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May 7, 2015 7:29 AM EDT
SunEdison (NYSE: SUNE) announced the signature of definitive agreements to acquire five portfolios of renewable energy projects and two corporate platforms, LAP Holding, BV in Latin America and two subsidiaries of Honiton Energy Holding, Ltd., in China, as well as the closing of equity investments and an acquisition debt facility for its emerging markets initiatives.
Through these combined transactions, SunEdison will secure 757 MW of operating projects and 1,918 MW of ROFO projects, of which 534 MW are operating ROFO projects enhancing visibility into acquisition opportunities in emerging markets.
Projects Acquired by... More
May 7, 2015 7:24 AM EDT
SunEdison (NYSE: SUNE) reported Q1 EPS of ($0.92), $0.52 worse than the analyst estimate of ($0.40). Revenue for the quarter came in at $323.0 million versus the consensus estimate of $491.77 million.
All-Time MW Records for Q1273 MW Total;...
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