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

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

SunEdison (SUNE) PT Raised to $34 at Needham & Company on Execution and 2nd YieldCo IPO

May 8, 2015 1:10 PM EDT

Needham & Company analyst Y. Edwin Mok reiterated a Buy rating on SunEdison (NYSE: SUNE) and boosted his price target to $34.00 (from $31.00) after strong execution.

Mok commented, "SUNE reported another quarter of strong execution in project completion and backlog/pipeline expansion. The report was also... More

SunEdison (SUNE) to Acquire Assets from LAP Holding, Honiton Energy

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