S&P Rates SunEdison (SUNE) at 'B-'; Notes 'Vulnerable' Business Risk Profile

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SunEdison (SUNE), NEXTracker Enter MSA for 1.85-GW of Trackers

June 13, 2014 9:29 AM EDT

SunEdison (NYSE: SUNE) announced that it has awarded a master services agreement to NEXTracker, Inc. for the purchase of up to 1.85 gigawatts (GW) of trackers for the company's ground-mounted projects worldwide over the next three years, tied to an aggressive cost reduction... More

Altai Capital Management, L.P. Lowers Stake in SunEdison (SUNE) to 4.66%

June 10, 2014 4:45 PM EDT

In a 13D filing on SunEdison (NYSE: SUNE), hedge fund Altai Capital Management, L.P. disclosed a 4.66%, or 12,431,372 share, stake in the company. This is down 32.55% from the 18,431,372 shares held at the end of the latest quarter ending March 31, 2014.

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