One of India’s leading renewable energy generation companies is on a fundraising spree. Greenko Energy Holdings recently raised funds by selling green bonds, for the second time in nearly two years. According to media reports, Greenko successfully raised $950 million in green bond sales. The bonds were priced at a … [continued]
Atlas Renewable Energy has adopted NEXTracker’s TrueCapture orientation software for several new solar projects in Latin America, while retrofits are in the works for older arrays lacking the control system. Atlas has more than 1 gigawatt of early-stage to fully operational projects across the region.
Formerly the crown jewel in the SunEdison renewable energy portfolio, yieldco-turned-renewable power company TerraForm Power has reported steady financial results in its first year with backing from Brookfield Asset Management.
TerraForm Power, formerly a yieldco of the now-bankrupt SunEdison and now backed by Brookfield Asset Management, has this week launched a takeover bid to acquire controlling interest in leading European renewable energy asset manager Saeta Yield, with an offer approximately worth $1.2 billion.
The once ballyhooed yieldcos of now-bankrupt SunEdison, TerraForm Power and TerraForm Global, published their third-quarter earnings earlier this month to mixed response, with lackluster revenue for the quarter leading to both companies posting sharemarket losses.
Greenko Energy Holdings, the India-based renewable energy developers which acquired the solar power portfolio of SunEdison India, will soon launch a green bond — Asia’s largest to date.
A subsidiary of SunEdison has signed an agreement with the government of Bangladesh to set up a 200 megawatt solar project. The power purchase agreement for the project was signed by Southern Solar Power.
Both of SunEdison’s TerraForm yieldcos have announced that they have entered into exclusive talks with Canadian Brookfield Asset Management to discussion a potential acquisition of the yieldcos for as much as $2.46 billion.
TerraForm Power, one of SunEdison’s two yieldcos, has announced the sale of its portfolio of UK solar projects representing 365 MW to renewable energy platform, Vortex.
Following several months of intense negotiations and restructuring efforts such as the sale of many of its existing assets, the once-powerful SunEdison has apparently claimed that “there is a strong likelihood” that the company “will successfully reorganise.”
