SunEdison (SUNE) Posts Q1 Operating Loss of 92c/Share

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SunEdison Reports First Quarter Results

May 7, 2015 7:23 AM EDT

MARYLAND HEIGHTS, Mo., May 7, 2015 /PRNewswire/ -- SunEdison, Inc. (NYSE: SUNE) today announced financial results for the 2015 first quarter.

"During the first quarter, the team continued our exceptional record of balancing operational execution while accomplishing our strategic initiatives. On the operations front, the team delivered 273 MW, a first quarter record, while also achieving new records in our pipeline, backlog, and projects under construction," said Ahmad Chatila, Chief Executive Officer. "Our asset ownership platform, TerraForm Power, increased its CAFD and dividend guidance as it reached 1.7 GW of operating assets. In... More

SunEdison Announces Acquisition Of Seven Renewable Energy Portfolios And Corporate Platforms In Brazil, China, India, Peru, Chile, South Africa, and Uruguay

May 7, 2015 7:16 AM EDT

MARYLAND HEIGHTS, Mo., May 7, 2015 /PRNewswire/ --

Acquires 757 MW of operating wind, solar and hydropower projects Secures 1,918 MW of Third Party Right of First Offer (ROFO) Projects 534 MW of operational ROFO projects 1,384 MW of development ROFO projects Executes agreement to acquire LAP Holdings, BV, a Latin America hydropower and wind development and operations and maintenance company Executes agreement to acquire two Chinese wind development and operations and maintenance companies from Honiton Energy Holding, Ltd. Obtains $175 million of equity investments from Blackstone,... More

SunEdison Awarded 86 MW DC Solar Photovoltaic Project In South Africa

May 6, 2015 4:05 PM EDT

- This project represents 20% of the total solar awarded to preferred bidders for the fourth round of the South African Renewable Energy IPP Procurement Program 

JOHANNESBURG, May 6, 2015 /PRNewswire/ -- SunEdison, Inc. (NYSE: SUNE), the world's largest renewable energy development company, today announced it has been awarded an 86 megawatts (MW) DC solar photovoltaic project in South Africa during the fourth bid round of the Renewable Energy IPP Procurement Program organized by South Africa's Department of Energy. The 86 MW award represents 20% of the total solar allocated to preferred bidders in... More